How to Tweak Your Investments for a More Normal Market
Interest rates are higher than they’ve been in years, and the economy is humming along. Here are the moves to make now.
2023-11-24 16:16
South Africa’s Climate Pact to Channel Money to Coal Belt
South Africa’s investment plan for the $8.8 billion pledged in climate finance by some of the world’s richest
2023-11-24 14:48
Tech’s Rally Isn’t Done. Why These 10 Stocks Are the Next to Gain.
Tech’s Magnificent Seven have rallied 107% this year versus 3% for an equally weighted version of the S&P 500. Why smaller tech stocks are poised for the next big move.
2023-11-24 14:23
COP28 Holds Key to Global Carbon Market That Could Help Improve Offsets
Climate negotiators at COP28 may bolster carbon trading when they decide on rules for a new United Nations-overseen
2023-11-24 13:55
Commentary: Why Artificial Intelligence Is Not So Scary. Carry On, OpenAI.
The biggest fear overhanging everything around AI seems to be the inchoate thought that maybe one day machines will become smarter than people and wipe out the human race.
2023-11-24 13:55
Exclusive-Nvidia delays launch of new China-focused AI chip -sources
By Fanny Potkin and Yelin Mo SINGAPORE/BEIJING Nvidia has told customers in China it is delaying the launch
2023-11-24 13:51
There Are Seven Differences Separating These Scenes—Try Spotting Them All
There are seven differences separating these messy scenes—see if you can spot them all in under a minute.
2023-11-24 04:24
EU mulls wider scope for cybersecurity certification scheme - paper
By Foo Yun Chee BRUSSELS The European Union is considering broadening the scope of proposed cybersecurity labelling rules
2023-11-24 04:21
Bitcoin mining rate hits all-time high amid record-breaking prediction for 2024
Bitcoin is trading at its highest level in more than 18 months, with its price up more than 100 per cent since the start of 2023. The rally has pushed bitcoin’s market cap above $700 billion and the overall crypto market close to $1.5 trillion. The figure is still a long way from its all-time high of around $3 trillion, which was reached at the end of 2021, however some crypto analysts believe the recent gains are the beginning of another record-breaking run. Bitcoin’s hash rate – which denotes how much computing power is required to verify transactions and generate new units of the cryptocurrency through a process called mining – hit a record high this week, according to data from Blockchain.com. This signals a resilient network, with hopes of future price gains attracting an increasing number of miners. Recent reports have revealed significant investment in cryptocurrency mining from both state-backed and commercial ventures. Tether, the issuer of the stablecoin USDT is planning to invest $500 million in mining, while satellite imagery analysed by Forbes suggests Bhutan’s government is establishing a massive bitcoin mining operation in the foothills of the Himalayas. Separate data reveals that miners have been profiting from cheap energy sources to reduce their average BTC production cost by 35 per cent from $21,100 to $13,800. “This data underscores a considerably stronger profitability in the mining sector compared to the challenges experienced throughout 2022 and part of 2023,” said research analyst Matteo Greco from the fintech investment firm Fineqia International. In roughly six months, bitcoin will undergo an event known as a “halving”, which will see the amount of new bitcoins awarded to miners cut by half. The event was hardcoded into bitcoin’s underlying blockchain by its pseudonymous creator Satoshi Nakamoto, who introduced it as an anti-inflationary measure when the cryptocurrency first launched in 2009. Taking place approximately every four years, the build up to the halvings have traditionally been the most profitable time for crypto investors. “Buy bitcoin six months before a halving and sell 18 months after a halving has historically beaten ‘buy and hold’ trading strategy,” Dutch crypto trader PlanB wrote earlier this year. “The next halving is April 2024... Will this strategy work again?” Read More Google issues one-week deadline to Gmail account holders UK and South Korea issue warning over North Korea-linked cyber attacks Researchers warned of dangerous AI discovery just before OpenAI chaos Crypto experts predict which bitcoin rivals to look out for
2023-11-24 03:56
EU to Put Forward Plan for €584 Billion Overhaul of Power Grids
The European Commission will lay out a €584 billion ($637 billion) plan to overhaul the region’s power grids
2023-11-24 01:59
The World’s 25 Most Popular Apps by Download
This list of the world’s most downloaded apps includes everything from TikTok to Candy Crush.
2023-11-24 01:27
Bill Gates says that technology can help make a 3 day work week possible
The five day week could soon be completely obsolete, if Bill Gates is to be believed. The Microsoft founder thinks that one of the results of AI will be the possibility of three day weeks becoming attainable for many people. While there are plenty of fears about the impact AI will have on the world economy and the potential dangers it poses to society, Gates believes it could mean humans ultimately have to do a lot less work to get by. Gates spoke on Trevor Noah’s What Now? podcast and the conversation turned to the possibilities that come hand in hand with AI. "If you eventually get a society where you only have to work three days a week, that's probably OK," he said. The billionaire also said that we could get to the stage where people can work fewer days to earn a living wage, as they co-exist in a world where "machines can make all the food and the stuff”. It’s not all positive, though. Gates previously warned about the dangers of AI in a blog over the summer. He wrote: "I don't think AI's impact will be as dramatic as the Industrial Revolution, but it certainly will be as big as the introduction of the PC. Word processing applications didn't do away with office work, but they changed it forever. Employers and employees had to adapt, and they did." Sign up for our free Indy100 weekly newsletter How to join the indy100's free WhatsApp channel Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings
2023-11-24 00:54
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