Search results for "IT"

Softbank Shares Tumble After Vision Fund Reports Another Big Loss

Shares in Japan’s SoftBank Group Corp plunged on Monday after the company reported a heavy loss at its Vision Fund investment arm for a third consecutive quarter. The shares sank 13 percent in early afternoon trade – heading for their biggest one-day loss in more than two and a half years. Analysts said, however, that […]

Digesting the FTX News

The news of the FTX crash is spreading like fire. FTX is on the brink of total collapse amid liquidity concerts and rumors of misused funds surfacing. These rumors became more concrete when a mass volume of investor withdrawals followed them. FTT, the native token of FTX, tanked. The plummet in prices affected other coins […]

Transgenic Plants: Applications, Examples, and Methods

Prior to the development of transgenic plants, crops were altered to increase their productivity using the principle of selection. There has been a selection process like this for ages. The world’s population may top nine billion people by the year 2050. To meet the demands of such a huge population in some previous ages, food […]

5G Business Models: Considerations for Operators

In the commercial telecom industry, and in the wake of the 4th industrial revolution shaking today’s markets, operators require new avenues of income. Operators have potential to make new money because of new 5G business models and capabilities including huge connectivity, ultra-reliable connections, low latency, and integration with edge services. This is especially true with […]

Untangling the Early Stage Startup 

The current work culture gravitates toward individualistic instincts increasingly. If you look around you, be it on social media or otherwise, you will see encouragement to start your own business. Startups are a pillar of the current work culture. When embarking on your startup journey, it is crucial to understand the concept of early stage […]

Wall Street Ends Sharply Higher on Sign of Cooling Inflation

The S&P 500 and Nasdaq jumped on Thursday, racking up their biggest daily percentage gains in over 2-1/2 years as a sign of slowing inflation in October sparked speculation the Federal Reserve might become less aggressive with interest rate hikes. Stocks in sectors across the board surged as the latest consumer price data cheered investors […]

Japan to Invest up to $500 Million to Manufacture Advanced Chips

Japan said on Friday it will invest up to 70 billion yen ($500 million) in a new semiconductor company led by tech firms including Sony Group Corp and NEC Corp as it rushes to re-establish itself as a lead maker of advanced chips. “Semiconductors are going to be a critical component for the development of […]

FTX Looks for $9.4 Billion in Rescue Funds, Bahamas Freezes Some Assets

FTX is scrambling to raise about $9.4 billion from investors and rivals, a source said on Thursday, as Chief Executive Sam Bankman-Fried urgently seeks to save the cryptocurrency exchange that has been buffeted by a rush of customer withdrawals. Bankman-Fried has discussed raising $1 billion each from Justin Sun, the founder of crypto token Tron, […]

Why the Billion-Dollar Cyborg Toys Industry Is So Important

Lego has decided to discontinue its popular range of programmable cyborg toys, Lego Mindstorms. It has been a hit for adults and children alike since 1998. Lovers of these robot-building kits are now scouring the internet for alternatives.   An introduction to STEM Cyborg Toys  STEM cyborg toys are Science, Technology, Engineering, and Mathematics based robotic […]