5 Things to Know Today: March 15, 2017
Liz Biscevic—5 Things to Know Today
In case you missed it, a meat startup just served the first ever lab-grown chicken at an event in San Francisco (and it was yummy). The Federal Reserve raised interest rates again, and around the world coding “dojos” are teaching thousands of kids how to program apps and robots.
1. TreeHugger: Memphis Meats revealed the first ever lab-grown chicken.
Yesterday, Memphis Meats served the first edible lab-grown chicken at an event in San Francisco, and everyone who tried it said they’d eat it again. The company produces the meat directly from animal cells without needing to actually breed and kill the animal. Right now it costs around $9,000 per pound to produce the chicken, but the company's goal is to make its lab alternatives cost-competitive with conventionally grown meat by 2021.
2. Slate: Coding "dojos" are teaching thousands of kids to how to program, and a third of them are young girls.
CoderDojo, a global network of coding workshops for kids gives participants the freedom to create apps, games, 3-D models, or robots using the programming language Scratch without having to worry about following instructions to the letter or getting a good grade. Since the first workshop in 2011, CoderDojo has grown to include over 1,200 dojos in 65 countries.
3. TechCrunch: ProducePay just raised $77 million to help save small fruit and veggie farms.
ProducePay offers financing options to farmers who grow perishable crops so they can better manage their cash flow during unpredictable growing seasons. ProducePay operates by buying fruits and vegetables at a set price, and then sells them and returns most of the profits back to the farmers. This gives small farmers guaranteed income for their crops and helps them avoid losing their farms.
4. NBC: This is how a Federal Interest Hike will affect you.
Today the Federal Reserve again lifted its short-term interest rate by a quarter percent, and though it doesn’t seem like much, that percent could create a ripple across the economy. People with credit card debt, adjustable-rate mortgages, and home equity credit lines will likely be the most affected as this could add hundreds of dollars per month in fees.
5. Inhabitat: China just approved a huge park for endangered large cats.
The park will be located in northeast China, where big cats like Siberian tigers and Amur leopards struggle to survive in natural habitats ravaged by the logging industry. Located on the border with Russia, the park will not only create a massive sanctuary for these big cats, but also prevent them from roaming into the surrounding neighborhoods looking for food.