Spain’s Santander posts near-300% rise in 3rd-quarter net profit as consumers and businesses recover from the COVID-19 pandemic

Summary List PlacementSantander reported 3rd quarter net profit of €1.750 billion ($2.07 billion), up from €501 million ($597 million) in the same quarter last year, beating expectations for a profit of €1.004 billion ($1.187 billion). Growth in consumer lending in the UK and South America in particular helped the company’s bottom line. “These results speak to the strength and breadth of our customer relationships and the resilience of our diversified business and markets in which we operate,” Santander chief executive Ana Botin said in a statement. Visit Business Insider’s homepage for more stories. Santander, Spain’s largest lender, delivered a near-300% increase in net profit in the third quarter, driven by… Read More

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10 things in tech you need to know today

Summary List Placement Good morning! This is the tech news you need to know this Tuesday. Sign up here to get this email in your inbox every morning. Have an Amazon Alexa device? Listen to this update by searching “Business Insider” in your flash briefing settings. Ant Financial is going public. Ant Group, led by Chinese billionaire Jack Ma, will raise $34.5 billion in a dual public offering in Shanghai and Hong Kong, per CNBC. Facebook is getting into cloud gaming. The social network unveiled five free-to-play titles across its apps, though the games won’t be available on iOS thanks to an ongoing feud with Apple. Facebook is tired of… Read More

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Ten Things You Need to Know Today: Tuesday 27 Oct 2020

Covid immunity wanes ‘quite rapidly’, study says Researchers say levels of protective antibodies fall “quite rapidly” after coronavirus infection. An Imperial College London team found the number of people testing positive for antibodies has fallen by 26% between June and September, meaning there is a risk of catching the virus multiple times. The BBC adds other parts of the immune system, such as T-cells, may also play a role in protecting against the virus. Can you be infected with coronavirus twice? NASA discovers water on the moon’s surface Scientists have gathered strong evidence for the existence of accessible water on the moon. A team headed by Casey Honniball, at NASA’s… Read More

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AI IN HEALTHCARE ADMINISTRATION: How digital health firms and big tech are using AI to ease doctors’ administrative burden

Summary List PlacementInsider Intelligence publishes thousands of research reports, charts, and forecasts on the Digital Health industry. You can learn more about becoming a client here. The following is a preview of one Digital Health report, the AI in Healthcare Administration report. You can purchase this report here. Physician burnout has permeated the healthcare landscape over the last decade, costing the US healthcare system $4.6 billion annually. Over 40% of US physicians said they were burned out pre-pandemic — a figure that’s likely swelled amid the stress of treating coronavirus patients. The staggering proportion of US physicians experiencing burnout is further compounded by findings that indicate the US is facing… Read More

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Racoons break into bank and steal biscuits

Credits JENS-ULRICH KOCH/AFP/Getty Images And other stories from the stranger side of life One-Minute Read Chas Newkey-Burden Tuesday, October 27, 2020 – 6:23am Two racoons have broken into a bank in Redwood City, California. The two furry thieves didn’t take cash, but almond biscuits. They were spotted red-pawed by a customer using the cashpoint at Peninsula Bank, early one morning. “They were in the break room eating a tin of almond cookies,” said an American Society for the Prevention of Cruelty to Animals spokesperson. Man breaks bees-on-body world record A man has achieved a Guinness World Record after his body was covered in more than 100 pounds of living bees.… Read More

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THE CONTENT MODERATION REPORT: Social platforms are facing a massive content crisis — here’s why we think regulation is coming and what it will look like

Summary List PlacementThis is a preview of The Content Moderation Report from Business Insider Intelligence. Purchase this report. To check to see if you already have access to Business Insider Intelligence through your company, click here. Content moderation has become a top priority for social platforms — including Facebook, YouTube, Twitter, Pinterest, and LinkedIn — amid rising public and political scrutiny and escalating content-related crises. Brands, lawmakers, and even social media execs are coming to grips with the reality that platforms are not up to the task of moderating content on their own, primarily due to their massive scale. The scale of the problem — and the difficulty of fixing… Read More

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As election day nears the fight for ‘politically homeless’ Latter-day Saints continues

President Donald Trump, left, speaks on Monday, Sept. 14, 2020, in Phoenix, Ariz., while Democratic presidential candidate former Vice President Joe Biden speaks on Tuesday, Sept. 15, 2020, in Tampa, Fla., in this composite image. | Andrew Harnik and Patrick Semansky, Associated Press In Arizona, Nevada, North Carolina and Florida members of The Church of Jesus Christ of Latter-day Saints may make the difference Four years ago, conservative unknown Evan McMullin emerged from obscurity three months before the election and became an alternative for many Latter-day Saint Republicans who could not bring themselves to vote for either Donald Trump or Hillary Clinton. There were many. A supermajority of U.S. church… Read More

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