Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest. FTX’s implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to pick up business, Mathew McDermott, Goldman’s […]
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Google’s Jigsaw subsidiary is launching a new anti-misinformation project in India, aimed at preventing misleading information that has been blamed for inciting violence, a top executive said. The initiative will use “prebunking” videos – designed to counter false claims before they become widespread – circulated on the company’s YouTube platform and other social media sites. […]
Neuralink, the Elon Musk company that Reuters reported on Monday is the target of a federal investigation over its animal trial program, has been trying to develop a brain chip that would enable the paralyzed to walk and the blind to see. Here is more on what Neuralink does. WHAT IS NEURALINK DEVELOPING? Founded in […]
The UAE’s announcement that the nation would go to a 4.5-day workweek was a turning point. Still, according to reports from the World Economic Forum in Davos, the decision is already paying off. Experts spoke on a panel about the advantages of a four-day workweek at the WEF in Davos, Switzerland. Emphasizing how flexible work […]
A month into India’s pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefits, several bankers said. Seven bankers told Reuters that using the e-rupee of the Reserve Bank of India (RBI) was much the same as internet-based banking that users were already satisfied with. The RBI […]
French President Emmanuel Macron will use a state visit to Washington this week to press European Union concerns about the United States’ huge new green energy subsidy package. While EU countries welcome the new commitment to energy transition, they fear the $430 billion Inflation Reduction Act will put their companies at an unfair disadvantage. WHY […]
At a vast warehouse in the southern Dutch city of Roosendaal, automated cranes and driverless vehicles silently stack clothes for the French and Italian stores of retailer Primark, reducing the need for hard-to-come-by labour. With goods packed more densely up to its roof, the new warehouse, which spans the size of over 15 football fields, […]
In 1963, DARPA (the Defense Advanced Research Projects Agency) funded MIT’s Project MAC on the condition that the developers create a technology allowing for a “computer to be used by two or more people, simultaneously.” And thus, the first pillar of cloud computing was placed. Cloud computing refers to the delivery of computing services (i.e., […]
U.S. buyout firm Carlyle Group has raised more than three billion euros ($3.12 billion) for a pan-European technology fund that is taking advantage of “pockets of life” in the economy, the co-heads of Carlyle Europe Technology Partners told Reuters. Focused on lower mid-market and growth technology companies across Europe, the fund, called CETP V, has […]
Even before the pandemic caused crowded ports and a labor shortage in global supply chains, supply chain optimization was crucial. Moreover, governments and business executives are working harder to optimize supply chain operations. As the current geopolitical climate presents new global supply chain challenges for organizations. Supply Chain Monitoring can prove to be crucial for […]