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Archive for the ‘finance’ category: Page 76

Apr 16, 2021

Quantum Computing Software Specialist Riverlane Secures $20M in Series A Funding

Posted by in categories: computing, finance, quantum physics

January 25, 2021


CAMBRIDGE, England, Jan. 25, 2021 — Riverlane, a quantum software company, today announces that it has raised $20m in Series A funding to build Deltaflow, its operating system for quantum computers. Over the past year, Riverlane has signed up 20% of the world’s quantum hardware manufacturers to use Deltaflow and will use the funding to expand internationally to the US, Europe and beyond.

The round was led by European technology venture capital fund Draper Esprit, and supported by existing investors, Cambridge Innovation Capital, Amadeus Capital Partners, and the University of Cambridge.

Continue reading “Quantum Computing Software Specialist Riverlane Secures $20M in Series A Funding” »

Apr 11, 2021

Semiconductor units forecast to exceed 1 trillion devices in 2021

Posted by in categories: biotech/medical, economics, energy, finance

Total semiconductor shipments including shipments of ICs as well as optoelectronics, sensor/actuator and discrete (O-S-D) devices are forecast to rise 13% to a record high of 1.135 trillion units in 2021, according to IC Insights. It would mark the third time that semiconductor units have surpassed one trillion units in a calendar year — the first time being in 2018.

The 13% increase follows a 3% increase in 2020 as the COVID-19 pandemic was wreaking havoc across many segments of the economy, IC Insights indicated. From 1978, when 32.6 billion units were shipped, through 2021, the compound annual growth rate (CAGR) for semiconductor units is forecast to be 8.6%. The strong CAGR also demonstrates that new market drivers continue to emerge that fuel demand for more semiconductors.

Between 2004 and 2007, semiconductor shipments broke through the 400-, 500-, and 600-billion unit levels before the global financial meltdown led to a steep decline in semiconductor shipments in 2008 and 2009. Unit growth rebounded sharply in 2010 with a 25% increase and surpassed 700 billion devices that year. Another strong increase in 2017 (12% growth) lifted semiconductor unit shipments beyond the 900-billion level before the one-trillion mark was surpassed in 2018, IC Insights said.

Apr 9, 2021

Amazon warns Texas: Don’t pass bill that would drive up wind power costs

Posted by in categories: energy, finance, sustainability

If the bill passes, it would “unfairly shift the cost of ancillary electric services exclusively onto renewable generators rather than all the beneficiaries,” according to a letter written by the Partnership for Renewable Energy Finance (PREF), an industry group, and signed by Amazon, Berkshire Hathaway Energy, Goldman Sachs, and a number of other firms.


Bill would “directly assign” grid stability costs to renewable power providers.

Apr 8, 2021

‘Brain Glue’ Helps Repair Circuitry in Severe TBI

Posted by in categories: biotech/medical, finance, neuroscience

Summary: A newly developed reparative hydrogel, which researchers are dubbing “brain glue”, protects against loss of brain tissue following a TBI and can aid in functional neural repair.

Source: University of Georgia.

At a cost of $38 billion a year, an estimated 5.3 million people are living with a permanent disability related to traumatic brain injury in the United States today, according to the Centers for Disease Control and Prevention. The physical, mental and financial toll of a TBI can be enormous, but new research from the University of Georgia provides promise.

Apr 7, 2021

Janeleiro a New Banking Trojan Targeting Corporate, Government Targets

Posted by in categories: finance, government

This Trojan is detected as the first that is written in. NET, rather than Delphi. Read on to know more differences.

Apr 5, 2021

‘Highest form of money’: Russia set to have first digital ruble prototype this year

Posted by in categories: cryptocurrencies, economics, finance

The launch of the first prototype of the new form of Russia’s national currency, the digital ruble, could be just several months away, the head of the State Duma Committee on the Financial Market, Anatoly Aksakov, has told RT.

“The digital ruble is currently the highest form of money,” the official said in an interview to RT. He said that the central bank is set to publish the roadmap for development of the digital currency soon and its prototype should be ready by autumn.

“The tests of this form of money may start at the end of 2021 or at the beginning of 2022,” he went on, adding that the digital currency may be used for domestic transactions in two to three years.

Apr 5, 2021

Inara Tabir

Posted by in categories: evolution, finance, space

April 6 — 7, 2021, 9:00am — 5:00pm EST

MAKING IN SPACE
FROM MINING TO MANUFACTURING
As humanity expands into space and unlocks the incalculable abundance of the CisLunar Econosphere, Orbital Manufacturing is a necessary first step.

Here on Earth, settlements emerged around concentrations of natural resources: rivers, forests, ores, harbors, fertile fields. Roads then developed between the resources and settlements, and towns grew. Resource extraction (mining) and resource optimization (manufacturing) evolved. Eventually, specialization led to local, regional, and national competitive advantages. With growth speeding the process, communities and people prospered!

Continue reading “Inara Tabir” »

Apr 4, 2021

The Fossil Fuel Industry Used Deception To Conceal Damage To BIPOC — NAACP Report

Posted by in categories: energy, finance, health, sustainability

30 Pieces of silver for the masses.


The National Association for the Advancement of Colored People (NAACP) just published a report titled Fossil Fuel Foolery, which identified 10 tactics that the fossil fuel industry used as excuses for not accepting accountability for its impacts on the environment and human health. DesmogBlog noted that the industry used a long list of deceptive tactics that concealed environmental destruction harming Black, Indigenous, and People of Color (BIPOC) as well as low-income communities. Not surprising — the fossil fuel industry only cares about money, and if the planet and human health stand in the way of that, so be it.

The article gave a snapshot of the report findings, and one of the most disturbing things I took notice of was the common tactic that the NAACP described as “co-opt community leaders and organizations and misrepresent the interests and opinions of communities,” sometimes with financial support, to “neutralize or weaken public opposition.”

Continue reading “The Fossil Fuel Industry Used Deception To Conceal Damage To BIPOC — NAACP Report” »

Apr 1, 2021

Two tech companies announce their move to Northern Nevada

Posted by in categories: biotech/medical, employment, finance, government

In Wednesday’s announcement, StemExpress CEO Cate Dyer said the COVID-19 pandemic created new demand for her company’s expertise. “When the pandemic first hit, we reached out to the federal government and started looking at ways we could help take seven of our laboratories around the United States and start offering COVID testing on a local basis, not only to support nursing homes, but Indian Tribal Communities as well as just the general public.”

PayCertify is a financial technology (FinTech) firm that “encompasses both a complete merchant and consumer experience front to back, pulling analytics and valuable insights to connect data sets in real-time from both the consumer and merchant side of the transaction.”

The two companies are expected to bring a combined 200 biotech and fintech jobs to the region.

Mar 25, 2021

WWII codebreaker Turing honored on UK’s new 50-pound note

Posted by in categories: biotech/medical, finance, security

LONDON (AP) — The rainbow flag flew proudly Thursday above the Bank of England in the heart of London’s financial district to commemorate World War II codebreaker Alan Turing, the new face of Britain’s 50-pound note.

The design of the bank note was unveiled before it is being formally issued to the public on June 23, Turing’s birthday. The 50-pound note is the most valuable denomination in circulation but is little used during everyday transactions, especially during the coronavirus pandemic as digital payments increasingly replaced the use of cash.

The new note, which is laden with high-level security features and is made of longer-lasting polymer, completes the bank’s rejig of its paper currencies over the past few years. Turing’s image joins that of Winston Churchill on the five-pound note, novelist Jane Austen on the 10-pound note and artist J. M. W. Turner on the 20-pound note.

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