Search results for "Australia"

Tiktok’s Strive for Transperency

This week, TikTok gave journalists a tour of what it refers to as its Transparency and Accountability Center. As part of its effort to show authorities in the United States that it is ready to dialogue. Screens outlined how TikTok selects and suggests the short films on its app in an office park in this […]

Nine Global Banks Invest $45 Million in Carbon Credit Platform

Nine global banks have invested a total of $45 million in a new platform to help scale up transactions of voluntary carbon credits and make it easier for their customers to participate in the market. Demand for carbon offsets, generated through projects such as tree planting or using cleaner cooking fuel, is expected to soar […]

Marketmind- Market to Chatgpt: What’s Powell Gotta Say?

Investors are just about coming to terms with the eye-popping payrolls number from Friday, but with Fed Chair Jerome Powell due to speak later in the day, the market will ponder which Powell will turn up (the hawk or the dove). Perhaps ChatGPT has the answer. Google owner Alphabet unveiled a rival to super popular […]

Marketmind: Cloudy Outlook

With market visibility extremely low, bouts of optimism about peak interest rates this year are being repeatedly punctured by the related fear of falling demand and the prospect of a looming profits recession. And deep in the weeds of the fourth-quarter corporate earnings season, Microsoft’s overnight rollercoaster probably defines the uncertainty. Microsoft stock surged almost […]

Our New Frenemy: The CO2 Battery

A new carbon dioxide battery (CO2) has entered the energy market. Yes, you did read that right, a CO2 battery, and it might be just what wind turbines are looking for to help them harness the full force of the wind. Carbon dioxide is used in the technology to store heat and pressure energy. It’s […]

U.S. To Lend Ioneer $700 Million for Nevada Lithium Mine

The U.S. Energy Department said on Friday it will lend ioneer Ltd up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan to develop a domestic electric vehicle supply chain. Ioneer shares were up 16.3 percent at $16.30 on Friday afternoon in […]

Billionaire-Backed Kobold Metals to Invest in Zambia Copper Mine

California-based artificial intelligence exploration firm KoBold Metals is investing $150 million to develop a copper mine in Zambia, the company announced at the U.S.-Africa Leaders Summit in Washington, D.C., a win for Zambia’s president who has set an ambitious copper production target. The Mingomba project will be a joint venture with Australian private equity firm […]

Behind Foxconn’s China Woes: Mistrust, Miscommunication, COVID Curbs

When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky. Tens of thousands of workers had fled the plant in central China in previous weeks and violent protests had erupted over a COVID-19 […]

Telcos Urgent Need for an Enterprise Firewall

Cyberattacks’ volume and sophistication level have continuously increased over the last few years. A more comprehensive portion of the economy is now potentially a target due to the digitalization of business. The Covid-19 pandemic caused more people to work from home, catalyzing the process. The attack surface is expanding as the number of connected devices […]

EV Battery Makers Race to Develop Cheaper Cell Materials, Skirting China

U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could reduce China’s battery dominance, ease looming supply bottlenecks and lead to mass-market electric vehicles (EVs). Today’s EVs run on lithium ion batteries — mostly made with lithium, cobalt, manganese and high-grade nickel, whose […]