Released as open-source software in 2009, Bitcoin was the first decentralized cryptocurrency and became the largest by market cap. But the concept of digital asset mining was proposed 27 years before this, in 1983. Today, there exists over 12,000 cryptocurrencies, and some companies accept them as valid payment methods, such as big tech giant, Apple […]
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Alphabet Inc’s Google said on Tuesday it would buy about three-quarters of the renewable power from SB Energy Global’s Texas facilities, as it aims to operate data centers on carbon-free energy by 2030. Companies are rapidly shifting toward clean energy and transportation as they look to meet environmental and sustainability goals. The $430-billion Inflation Reduction […]
Uber Technologies Inc on Tuesday forecast fourth-quarter operating profit above Wall Street estimates, betting on cost controls and rising demand for its rides as customers resume spending more on travel, sending its shares up 15 percent. With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared […]
In an expanding exodus of Twitter’s top management, officials including its advertising and marketing chiefs left the company in the past few days, according to statements and a person with direct knowledge of the matter. The departures come after billionaire Elon Musk’s $44 billion takeover of the company last week, followed by his firing of […]
After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. Its 30-day correlation with the Nasdaq slid to 0.26 last week, its level lowest […]
Play-to-Earn (P2E) crypto games have emerged as a new way for people to get paid for participating in virtual spaces in what can be considered an engagement economy in the playing space, leading to a whole new dimension of economic activity on the web. This activity brought by the P2E model manifests in a new […]
Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bought for $44 billion, a move that Wall Street analysts have said could stretch the billionaire thin. Musk, who also runs rocket company SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company, […]
Based in the U.K, OnlyFans is an internet content subscription service launched in 2016. It has the same premises as Patreon but with fewer restrictions. While Patreon only allows art nudity without touching oneself or others, OnlyFans is lenient with an everything-goes mentality within reason. Subsequently, the service has been used chiefly by sex workers […]
Meta Platforms Inc Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC) that argues the company’s proposed deal to buy virtual reality (VR) content maker Within Unlimited should be blocked. In a court document filed with U.S. District Court Northern District of California on Friday, the FTC listed […]
We generate about 2.5 quintillion bytes of data per day. This rate of data creation will increase as the IoT (Internet of Things) gains popularity. In 2020, there will be about 44 zettabytes of data worldwide. By 2025, there will probably be 175 zettabytes of data, considering how much data is produced every day. With […]