Category: Business & Economy

Cybersecurity in a Digital World and the War for Talent

Sophisticated cyberwarfare and rising geopolitical tensions mean that cybersecurity threats are evolving at an even faster pace, impacting entire businesses, their operations and their hard-won reputations. Major microchip and electronic powerhouses were recently hit by cyber-attacks, where parts of their businesses were completely compromised, taken offline for a few days and employee accounts exposed. Some…


‘ESG Ratings Make No Sense’: Elon Musk Responds to Ark Invest Analyst Who Defends Bill Gates

Tesla Inc. CEO Elon Musk on Saturday responded to an assertion by Ark Investment Management analyst Brett Winton, who said it was “okay” for Bill Gates to short the EV Maker’s stock. What Happened Winton explained in a tweet that Tesla only has an “average” ESG (Environmental, Social, and Governance) rating, so as long as Gates…


Massive 86.6 Billion Shiba Inu Worth Over $2 Million Acquired by This Ethereum Whale

Recent data from WhaleStats shows ETH whale owner named “BlueWhale0073” purchased close to 90 billion Shiba Inu, paying over $2 million. Over the past two weeks, this whale had shoveled up 1.2 trillion SHIB tokens. ETH whale “BlueWhale0073” just bought 86,679,001,529 $shib ($2,111,500 USD). Ranked #5 on WhaleStats: https://t.co/RBupemZyZX Transaction: https://t.co/tgPTRwDdVP#SHIB #ShibArmy — WhaleStats –…


Why Elon Musk Wishes SpaceX Had More Competition

Tesla, Inc. CEO Elon Musk has multiple ventures apart from his flagship electric vehicle manufacturing business. Among them is SpaceX, which Musk founded in 2002, with the objective of reducing space transportation costs. What Happened It now appears that Musk is unhappy with a lack of competition for his space venture. This came through as…


US Agency Seeks to Fine Montana Wireless Carrier Tied to Russian Oligarchs

WASHINGTON—The Federal Communications Commission (FCC) has proposed a fine of $660,639 for a small Montana wireless carrier that commissioners said has been indirectly controlled by Russian oligarchs since at least 2011. The FCC voted 4-0 to fine London-based Truphone Ltd, the owner of Montana-based iSmart Mobile, for exceeding statutory limits for ownership by foreign individuals…


LIVE UPDATES: Russia Opens Humanitarian Corridor for Civilians From Mariupol’s Azovstal Plant

The latest on the Russia–Ukraine crisis, April 25. Click here for updates from April 24. Russia Opens Humanitarian Corridor for Civilians From Mariupol’s Azovstal Plant Russian and Donbass forces will observe a ceasefire around the besieged Azovstal steel mill in Mariupol starting from 2pm Moscow time on Monday, allowing civilians to evacuate to safety, the…


LIVE UPDATES: Fire Erupts at Russian Oil Depot Near Border With Ukraine

The latest on the Russia–Ukraine crisis, April 25. Click here for updates from April 24. Fire Erupts at Russian Oil Depot Near Border With Ukraine A fire has erupted at a Russian oil depot near the border with Ukraine. The Tass news agency reported the fire early Monday in Bryansk. The Russian report said oil…


New Modelling Suggests Australian Coal Exports to China Could Take a Dive

A study by the Australian National University (ANU) of China’s moves toward the decarbonisation of its economy has noted there is a potential for Beijing’s demand for coal imports, including from Australia, to fall substantially by 2025. Energy economist and lead author of the study, Jorrit Gosens, said that the modelling indicates major coal exporters such…


World’s Richest Man Is Homeless? Yes, Elon Musk Says He’s Sleeping at Friends’ Houses

Tesla Inc. CEO Elon Musk says he doesn’t own a home and has been sleeping on spare beds at the homes of his friends. What Happened During a recent interview, Musk said, “I don’t even own a place right now, I’m literally staying at friends’ places.” Musk added that he stays with friends around the San Francisco Bay…


All Future Coal, Gas, Oil Jobs Will Be Lost for Australia to Achieve Net Zero by 2050: Report

For Australia to achieve net zero by 2050, all coal, gas, and oil projects currently in the construction pipeline would need to be cancelled, according to a landmark report by the Institute of Public Affairs (IPA). “This research reveals that a policy of net zero emissions by 2050 will inflict significant and irreparable economic and…