Gains in actively traded assets that can be easily attained are what is driving the first wave of applications in banking and finance. These include improved data security, simplified customer verification required by Know Your Customer (KYC) and anti-money laundering (AML) standards, faster processing, and recordkeeping facilitation. Trading is supported by the common denominator of […]
Search results for "TECHNOLOGY"
One of a select few businesses, the Space Perspective balloon solution intends to reduce the price of space travel by eliminating the need for rocket fuel, making space tourism slightly more accessible. The Spaceship Neptune, a pressurized capsule that would carry tourists to the furthest reaches of space but not officially into space, has just […]
Spotify Technology SA’s Car Thing player is now a thing of the past. The world’s leading audio streaming service on Wednesday announced it would discontinue the device just five months after it became available to all users in the United States. In doing so, Spotify became the latest software technology company to stumble in an […]
The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough new rules aimed at reining in the powers of Big Tech, two people familiar with the matter said. Such a move could ease concerns that the EU competition watchdog may struggle to get technology […]
In a single Internet minute, we send over 20 million texts, 200 million emails, and watch 28,000 movies. And this enormous amount of activity looks set to grow exponentially, by about 23 percent year-on-year. This means that in 2024 we will add as much data as the whole world was using in 2018. How are […]
Meta Platforms Inc issued a gloomy forecast after recording its first ever quarterly drop in revenue on Wednesday, with recession fears and competitive pressures weighing on its digital ads sales. Shares of the Menlo Park, California-based company were down about 4.6 percent in extended trading. The company said it expects third-quarter revenue to fall to […]
Neoen SA has won approval for its big battery in South Australia to provide inertia service to stabilise the grid, a world first for battery energy storage in the push to replace fossil-fueled generators, the French firm said on Wednesday. Neoen’s 150-megawatt Hornsdale Power Reserve uses Tesla Inc’s Megapack battery system and will now use […]
The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by peer review. Experimental chewing gum reduces Omicron particles in saliva An experimental chewing gum that “traps” SARS-CoV-2 particles in saliva holds promise for curbing transmission […]
Google search ads lifted parent Alphabet Inc close to Wall Street sales expectations on Tuesday, sending shares up on relief that the world’s biggest seller of online advertising may withstand a global recession better than smaller rivals. A trio of Alphabet executives sounded caution on a call with investment analysts, using “uncertain” or “uncertainty” at […]
Canada’s Shopify Inc is laying off 10 percent of its workforce as the ecommerce company struggles with slowing growth due to a pullback in online shopping after benefiting from a pandemic-fueled surge in demand. Its shares tumbled 14.7 percent on the U.S. bourses and on the Toronto Exchange, they shed 14 percent on Tuesday, pulling […]