Month: June 2022
Celsius collapse
The Celsius cryptocurrency has lost nearly 80 per cent of its value amid a major collapse that has wiped more than $400 billion from the crypto market. The CEL token is affiliated with the lending platform Celsius Network, which suspended customer withdrawals on Sunday evening citing “extreme market conditions”. The company was valued at $3.25
Google gender discrimination compensation
Google has agreed to pay $118m (£96.5m)to settle a landmark class-action lawsuit that alleges the tech giant systematically discriminated against its female employees in pay and promotions. Google has also agreed to invite an independent third-party expert to analyse the company’s leveling-at-hire practices and for an independent labor economist to review its pay equity studies.
China floating power station
China has accelerated the launch of a solar power plant that will orbit the Earth. The superpower has scheduled the craft for 2028, when a trial satellite orbiting our planet at 400km will test the concept. It is planned that the satellite will convert solar energy into microwaves or lasers before beaming that power to
Calling out harassment on Twitter
Twitter has rolled out its new process for reporting policy violations. The method will be used by users to report misinformation, spam, harassment and hate speech. Taking what Twitter calls a “people first” approach, the new process “lifts the burden from the individual to be the one who has to interpret the violation at hand”,
Bitcoin Crash
BTC is entering a period where two worlds collide. Short term sellers on the back of the negative tone to risk are running into medium term investors who view levels approaching 20,000 as good long term value. Bitcoin has crashed below $24,000, reaching its lowest levels since the end of 2020. More than $200 billion
Twisting Earth’s Core
Earth’s core doesn’t rotate in sync with the rest of our planet, but instead spins faster at times, and at others reverses direction. Inside to outside, Earth consists of a solid inner core surrounded by a liquid iron outer core, a thick rocky mantle, and then the thin crust and atmosphere where life exists. At
Facebook smartwatch development
Meta has reportedly stopped the development of its upcoming smartwatch. The wearable, which would have two cameras, is said to have been in development for two years. Like many other smart watches, it would have activity tracking and music playback, but would also be linked to Meta’s messaging platforms. The watch was originally going to
A tiny meteoroid hits James Webb Space Telescope
James Webb was launched in December to succeed the revolutionary – but now ageing – Hubble Space Telescope. A tiny rock fragment has hit the new James Webb Space Telescope’s main mirror. The damage inflicted by the dust-sized micrometeoroid is producing a noticeable effect in the observatory’s data but is not expected to limit the
New Starfield Unveiled
More than 35 new experiences for the Xbox have been announced as Microsoft brought a busy period of console gaming news conferences to an end. Gameplay footage of Starfield, a space exploration game from the creators of Fallout and Skyrim, was finally shown. The game was announced in 2018 and its release recently delayed until
digital twin
We are living in an age where everything that exists in the real world is being replicated digitally – our cities, our cars, our homes, and even ourselves. And just like the hugely-hyped metaverse – plans for a virtual, digital world where an avatar of yourself would walk around – digital twins have become a