Month: February 2022

As cryptocurrency mining activity grows increasingly common in Russia, one local region is struggling to maintain power stability amid massive inflows of new crypto mining operations. Russia’s Irkutsk Oblast, a federal region and Russia’s major center of trade routes from China, experienced a fourfold increase in energy consumption in 2021 due to mining activities, local
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A new report by Gartner predicts that, by 2025, the carbon emissions of hyperscale cloud services will be a top three criterion in cloud purchase decisions. Cloud computing is evolving from technology enabler to business disruptor, and leading providers are increasingly focusing on how they can disrupt higher-level business, compliance, societal and environmental issues through
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American billionaire and CEO of crypto exchange FTX Sam Bankman-Fried announced that his company acquired Japanese crypto firm Liquid Group and its subsidiaries.  As a part of the deal, FTX will acquire Quoine Corporation, a Financial Services Agency (FSA)-approved crypto exchange. As Cointelegraph previously reported, Quoine acquired a Type I Financial Instruments Business license under
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Decentralized finance (DeFi) and the control it gives users over their assets is one of the most applicable sectors of the cryptocurrency ecosystem, but the general public is still hesitant to interact with most DeFi products due to the steep learning curve and the possibility of losing funds. One decentralized exchange (DEX) that is taking
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The US antitrust review of Microsoft’s $68.7 billion (roughly Rs. 5,10,990 crore) proposed acquisition of Call of Duty maker Activision Blizzard Inc will be handled by the Federal Trade Commission (FTC), Bloomberg News reported late on Monday, citing a person familiar with the matter. The FTC, instead of the Justice Department, will investigate whether the takeover will
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In this article GOOGL Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. The shares popped in extended trading. The company also announced a 20-for-1 stock split that will go into effect in July. Here
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Finance Minister Nirmala Sitharaman on Tuesday said customs duty rates are being calibrated to provide a graded rate structure to facilitate domestic manufacturing of products like wearables and electronic smart meters. Presenting the Union Budget 2022-23, Sitharaman said duty concessions are also being given on certain items to enable domestic manufacturing of high-growth electronic goods.
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WhatsApp is reportedly working on extending the time limit for the ‘Delete for Everyone’ feature to two days and 12 hours from the existing one hour, eight minutes, and 16 seconds’ time. The extension would help users delete their wrongly sent messages within a longer time frame. Separately, WhatsApp Communities feature has been detailed through
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