The U.S. House Financial Services Committee said on Wednesday it plans to hold a hearing in December to investigate the collapse of cryptocurrency exchange FTX. The committee said it expects to hear from the companies and individuals involved, including FTX founder Sam Bankman-Fried, Alameda Research, Binance, FTX and related entities, among others. “The fall of […]
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The “Conference of the Parties,” sometimes known as “COP,” is an annual gathering of the nations that have ratified the UNFCCC, the Kyoto Protocol, or the Paris Agreement. Ministers, negotiators, and world leaders gather to collectively decide how to combat climate change and its effects. To add transparency and more comprehensive viewpoints to the process, […]
Digitalization impacts environmental technology, reshaping how we live, engage, and work. According to the Digitalization Report of the European Topic Center, this advancement has enabled a more effective waste management regime. Reducing the number of raw materials mined or imported, avoiding the environmental and climatic repercussions associated with them. According to the Environment Journal, automated […]
German engineering and technology group Siemens posted a better-than-expected fourth-quarter profit for its industrial business on Thursday and said its factory hardware and software continued to witness strong demand. The company said in a statement it has seen growth in many markets despite a “continuing complex macroeconomic environment influenced by energy shortages and availability concerns […]
If you are familiar with Microsoft Teams, then you should be familiar with its ability to host and join meetings and calls all through a simple click of the mouse. However, this requires a smart device with a stable internet connection – and although in this day and age it is more likely you will […]
Amazon.com Inc on Wednesday said it has laid off some employees in its devices group as a person familiar with the company said it still targeted around 10,000 job cuts, including in its retail division and human resources. The announcement, Amazon’s first since media outlets including Reuters reported its layoff plans on Monday, heralded a […]
A federal jury in Texas on Tuesday said Intel Corp must pay VLSI Technology LLC $948.8 million for infringing a VLSI patent for computer chips. VLSI, a patent-holding company affiliated with the SoftBank Group Corp-owned private equity firm Fortress Investment Group, argued during the six-day trial that Intel’s Cascade Lake and Skylake microprocessors violated its […]
You probably cannot emphasize the importance of having immediate access to vast amounts of data enough. Especially in today’s environment of rapid change. Drones, autonomous agricultural vehicles, and IoT gadgets can all increase agriculture’s sustainability and profitability in the new era of 5G connectivity. You can feel the impact of telecom on agricultural production across […]
Apple Inc is preparing to begin sourcing chips for its devices from a plant under construction in Arizona in the United States, Bloomberg News reported on Tuesday. The company may also expand its supply of chips from plants in Europe, the report said, attributing it to remarks by Chief Executive Officer Tim Cook at an […]
As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sam Bankman-Fried worked the phones in a futile bid to raise $7 billion in emergency funds. Hunkered in his Bahamas apartment, Bankman-Fried toiled through the night, calling some of the world’s biggest investors, including Sequoia Capital, Apollo Global Management […]