Reed has been behind the camera for both Ant-Man installments and will be helming the upcoming Ant … Macro portrait of one of the largest ants; a tropical giant ant (Camponotus gigas). Sign in Sign up for FREE Prices and download plans By becoming familiar with a route, an individual ant could recognize landmarks and prey cues more quickly. That’s interesting and unusual. Foraging Ecology of the Tropical Giant Hunting Ant Dinoponera australis (Hymenoptera: Formicidae)—Evaluating Mechanisms for High Abundance. [Bloomberg]Ant helped provide small unsecured loans to about 500 million people over the past year through two platforms: Huabei (Just Spend) and Jiebei (Just Lend). Anthony Mitchell, better known by his stage name Ant Tha Giant (aka ATG), is an American rapper, singer, songwriter and actor from the Bronx, NY. Fintech Giant Ant Group’s Profits Increased 560% Year-Over-Year to an Estimated $1.3 Billion, Dual IPO Listings Forthcoming ... CI on Instagram … Then you paint individual ants colors and spend 250 hours watching and tracking what they do. The CBIRC didn’t immediately respond to a request for comment. WIRED is where tomorrow is realized. The company currently keeps about 2% of loans on its own balance sheet, with the rest funded by third parties or packaged as securities and sold on. Happy Lunar New Year - 2020, with audio by John Poon. Chinese corporate leaders say they do not see much difference in policies of Donald Trump and Joe Biden towards China. You locate some ant nests and dig them up, counting all the ants you find inside. Ant Group set to surpass Aramco as biggest-ever IPO, Largest IPO ever? Lead investigator Chad Tillberg explained the motivation for his research on this question: *When we started watching these enormous and abundant ants, it seemed really obvious to ask: What in the world are these ants eating?! This photo taken on October 30, 2020 shows the logo of the Ant Group, the financial arm of Chinese e-commerce giant Alibaba, outside the company's offices in Hong Kong. Ant is raising at least $34.5 billion in an IPO that attracted more than $3 trillion of retail orders. However, an official at Hong Kong's de facto central bank says Ant … Biotropica … A brief answer to one of the key questions about climate change: Why act now? After getting its start in online payments, lending is now the firm’s biggest business. Ant Group Co. Chairman Eric Jing has emerged contrite and apologetic from the collapse of the fintech giant’s $35 billion initial public offering. How do these ants break the "big predators are rare" rule? To revist this article, visit My Profile, then View saved stories. Using this value, I can find that the half inch Ant-Man would have a volume that is just 3.51 x 10-7 times that of big Ant-Man. E-commerce giant Ant Group’s market debut could be among the biggest ever, possibly surpassing Saudi Aramco’s listing. Use of this site constitutes acceptance of our User Agreement (updated as of 1/1/21) and Privacy Policy and Cookie Statement (updated as of 1/1/21) and Your California Privacy Rights. Authorities haven’t yet provided much detail about what prompted the turnabout on the IPO, beyond saying it couldn’t go ahead because of a “significant change” in the regulatory environment. Giant Ant is a creative studio. And, provide a nice snapshot of what it takes to answer ecological questions in the tropics. Guo Wuping, head of consumer protection at the CBIRC, said in a commentary on Monday that Ant’s Huabei service was similar to a credit card but with higher charges. Beautiful giant sunflower and leaves with stink bug and ants crawling on it against a clear blue sky Tropical giant ant. Authorities are now setting their sights on Ant’s biggest source of revenue: its credit platforms that funnel loans from banks and other financial institutions to millions of consumers across China, according to people familiar with the matter. Ant's shock IPO halt has cast uncertainty over the future of financial-technology giant Ant Group Co. Now it is likely to fall well short of that. Here we seem to have a species that is both really abundant AND highly predacious. Happy yellow…” Imaginary Friend Society. Why … Foraging Ecology of the Tropical Giant Hunting Ant Dinoponera australis (Hymenoptera: Formicidae)—Evaluating Mechanisms for High Abundance. The fintech firm plans to list simultaneously in Hong Kong and on Shanghai’s STAR Market in weeks, Reuters reports. The former focuses on quick consumer loans for small purchases, while the latter finances everything from travel to education. People visit a showroom of the mobile payment powerhouse, Ant Financial, in China in 2018. The shock suspension of Ant Group Co.’s $35 billion initial public offering is just the beginning of a renewed campaign by China to rein in the fintech empire controlled by Jack Ma. Ant would have to set aside 95 billion yuan in capital to comply with the draft rules issued by the CBIRC on Monday, or 2.7 times the current capital for its two micro-lending arms, according to estimates from Jefferies. Your Year in Sport . The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Hello, we’re Giant Ant. The proposed measures, which call for platform operators to provide at least 30% of the funding for loans, would render many of Ant’s existing transactions non-compliant. Ant had been on track for a market capitalisation north of $300bn, higher than any bank in the world. Some people thought we were crazy when they found it was ants were were watching so closely, but others got really enthused about it and had all sorts of questions.". The giant Chinese fintech upstart is expected to raise more than $30bn, eclipsing Saudi Aramco’s debut last year A diverse and tight-knit team from all over the globe. Ant typically charges annualized interest rates of about 15% to consumers. Animated editorial illustrations? ; the unique colors help identify individuals. Giant ants also viciously defended their territoryfrom neighboring ant nests—which produces a remarkably uniform nest spacing for the species. Wired may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. The halt comes after Ma blasted the nation’s financial system and questioned global regulatory models at a high-profile conference last month, calling banks “pawn shops.” China is still a “youth” and needs more innovation to build an ecosystem for the healthy development of the local industry, Ma said. Any funding curbs could deal a major blow to Ant. All rights reserved. Giant Tropical Ants (*Dinoponera australis) *live in South America and are….well, giant. It is the essential source of information and ideas that make sense of a world in constant transformation. Ruthlessly efficient foraging. Financial technology firms use their market power to set exorbitant fees in partnerships with banks, which provide most of the funds required, he said. In fact, many of them don’t. Shares of Alibaba Group Holding Ltd., which owns a third of Ant, fell 6.3% in Hong Kong as of 2:31 p.m. “From the perspective of regulators and investors, they all need Ant to provide a better disclosure on the co-lending business,” said Chen Shujin, Hong Kong-based head of China financial research at Jefferies Financial Group Inc. “Ant needs to be aligned with regulations going forward and show that its business model can help lower borrowing costs for the economy rather than raising them with some kind of monopoly.”. they’re herbivorous). All made with love and special attention. A creative studio, a design shop, an animation house. Ads, OLVs, interstitials, social posts, illustrations, intros, outros, explainers, anthems. (Written by Myles Allen, David Biello and George Zaidan) Its more than 20 million small business borrowers pay an average lending rate of about 11%, almost double the average 5.94% small borrowers can get from banks. “Most of the time, animals that are really abundant (high biomass/area) are also low on the food chain (i.e. Make an instagram post about it. Peyton Reed's episode of The Mandalorian features an Ant-Man reference. Queen of the colony What Ant Group’s IPO says about the future of finance. The full scope of China’s plans for Ant are unclear, and it’s possible that lenders will continue to work with the company once it complies with regulators’ requests. By The Manila Times October 28, 2020 BEIJING: Chinese financial technology giant Ant Group will raise $34.5 billion in dual initial public offerings (IPOs) in Hong Kong and Shanghai after setting its prices for its shares, championing the biggest IPO in history. They don’t seem to snack on plants, mostly eating caterpillars and grasshoppers. Maryland born but raised in New York, Ant Tha Giant began writing music in 2012 and instantly fell in love with the art. Ant Anstead made a subtle jab about his divorce from Christina Anstead as he announced his departure from his show “Wheelers and Dealers” in a video posted to YouTube on Wednesday. © 2020 Condé Nast. Paytm on Wednesday refuted a report that said that one of the company's major shareholders, Chinese financial technology giant Ant Group, is considering the sale of its 30 per cent stake in the Indian homegrown digital payments major. Foraging Ecology of the Tropical Giant Hunting Ant Dinoponera australis (Hymenoptera: Formicidae)—Evaluating Mechanisms for High Abundance. Beijing ordered a halt to financial technology giant Ant Group’s $35bn public share sale on regulatory concerns. Try explaining to the TSA why you have giant, brightly painted predatory ants in your luggage. The WIRED conversation illuminates how technology is changing every aspect of our lives—from culture to business, science to design. All this hard work was somewhat mitigated by the amazing place it happened—Iguazu Falls, Argentina. “Ant will continue to support bank partners to make independent credit decisions and leverage Ant’s technology platforms to serve consumers and small businesses.”. Big fierce animals are rare...unless they are GIANT ANTS. President Xi Jinping’s government is tightening controls on Ant and other fast-growing financial conglomerates after years of allowing them to operate without capital and leverage requirements imposed on banks. Days before the world’s biggest-ever IPO, Beijing ordered a halt to financial technology giant Ant Group’s share sale. This single ant species — and there are a LOT of ants in a rain forest, let me tell you — had a similar biomass as the rodents in the area, 2.5 kg/ha (over 5 lbs of ants). These ants really are quite abundant in their native habitat. China’s Ant cites geopolitical tensions for domestic IPO decision. Here are some clips from a project that we had much love for, but which died the death that some spots die. After the concrete dried, the dirt around it was excavated by scientists over a series of weeks, illuminating the nest’s incredible subterranean structure. They had the reputation of being highly predacious, but could a top predator really be that abundant? 631.8k Followers, 1,834 Following, 2,513 Posts - See Instagram photos and videos from @giantbicycles Biotropica 46(2): 229-237. Paytm issued the clarification after a media report said that Alibaba-backed Ant is considering the divestment of its stake in Paytm mainly because of … Chadwick V. Tillberg et al. Plant-eating ants dominate tropical ecosystems, and their carb-loading habits have been hypothesized as the reason why. China’s Ant wins HK nod for $35bn dual listing, As US election nears, some Chinese firms turn away from the world, US plans to ‘vigorously defend’ TikTok ban order despite ruling, V for New Zealand: Economy rebounds sharply out of recession, Bitter brew: Luckin Coffee to pay $180m to end US investigation, Antitrust breach? Jack Ma’s fintech giant is set to raise $34.5bn through initial public offerings in Shanghai and Hong Kong. Giant Sunflower with Insects Crawling on It. Two lines of evidence (direct observation and stable isotopes) found these giant ants are predators of both herbivores and other predators. The breakthroughs and innovations that we uncover lead to new ways of thinking, new connections, and new industries. Any suggestion that banks would stop using its platforms is “unsubstantiated,” Ant said in a response to questions from Bloomberg. Follow us on Instagram? Xi plays down concerns that China’s economy is turning inward. Art, design, animation & ideas. Finding Out. Ad Choices. Prices and download plans . 119.9k Followers, 487 Following, 812 Posts - See Instagram photos and videos from Giant Ant (@giantantstagram) 4 Nov 2020. 3,995 Likes, 17 Comments - Giant Ant (@giantantstagram) on Instagram: “We only have two questions: What is your favourite colour? So, this species of ants really does break the rule about big fierce animals being rare — but how do they do it? Ant… 2019, with audio by Playdate . After halting Ant’s big IPO, China reportedly wants to go further. So, how do you figure out what an ant species is eating, and how it finds its food? The IPO was a sensational draw for China’s retail investors who bid a record $3 trillion, equivalent to the entire annual economic output, for shares in the fintech giant. Jack Ma’s fintech giant Ant Group is reportedly looking to file for dual listing in Hong Kong and Shanghai within the next few weeks, seeking a valuation of US$225 billion. Strava. Ants have an amazingly broad history of dietary habits; they range from fungus growers and leaf cutters to ferocious, aggressive predators like army ants. They aren’t just more noticeable because they are big. China abruptly halted Ant’s IPO after summoning Ma to a meeting earlier in the week to outline an array of concerns and new regulations. A colossal ant hill—it’s reported to have been an abandoned colony of grass-cutter ants—is pumped full of ten tons of concrete for three days. Sitting outside staring intently at dirt also seems to be a good science outreach activity: "When you see someone staring at something it’s natural to wonder what they see. 336.6k Followers, 100 Following, 1,187 Posts - See Instagram photos and videos from ant anstead (@ant_anstead) Because this is observational field data, it’s too soon to say if this is the complete explanation for the size and abundance of this ant, but Tillberg and his colleagues make a compelling case. You also steal their prey and babies and take them back to the lab for isotope analysis. The China Banking and Insurance Regulatory Commission plans to discourage lenders from using Ant’s platforms and has already asked some to ensure their portfolios are compliant with stringent draft regulations announced on Monday, said the people, who asked not to be identified discussing private information. Giant Ant (@giantantstagram) added a video to their Instagram account: “#fridayhighday True story: our last loop in this series had a surprising outpouring of gratitude…” In addition to being one of the largest ants in the world (28 mm long or; about 1.1 inches), they are also incredibly abundant in tropical forest habitats. Investigators Tillberg and Wittman take a break from ant catching. It has underwritten about 1.7 trillion yuan ($253 billion) in consumer loans and 422 billion yuan in small business loans for about 100 banks and other financial institutions Revenue from its CreditTech unit jumped 59% to 29 billion yuan in the first six months of the year, accounting for 40% of the total. 2014. Think your last trip was stressful? Some buns never make it out of the oven. What is it that allows this predacious species to reach such high biomass?”. The distribution of different routes among nest-mates would create a sort of foraging grid, more effectively covering the area surrounding the nest. Big, fierce animals like lions and tigers are rare. *. Komodo dragons in your neighborhood are understandably limited by smaller animals to eat, but what about insect predators? Most ants used the same route every time they left the nest. And why is it yellow . — but how do you figure out what an Ant species is eating, and their carb-loading habits been. 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