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Nvidia-Backed CoreWeave Seeks Stake Sale at Up to $8 Billion Valuation
Nvidia-Backed CoreWeave Seeks Stake Sale at Up to $8 Billion Valuation
CoreWeave, a cloud computing provider that’s becoming one of the hottest startups in the artificial intelligence race, is
2023-08-31 00:48
Copeland Receives Grant from U.S. Department of Energy to Support a $2.5M Project for Sustainable Heat Pump Innovation
Copeland Receives Grant from U.S. Department of Energy to Support a $2.5M Project for Sustainable Heat Pump Innovation
SIDNEY, Ohio--(BUSINESS WIRE)--Aug 9, 2023--
2023-08-09 21:19
Free speech, racial equity battles play out on Wisconsin campuses
Free speech, racial equity battles play out on Wisconsin campuses
The debate over free speech and racial equity on Wisconsin’s college campuses is intensifying
2023-05-11 12:45
Microsoft Teams down: Office chat app not working in the middle of the working day
Microsoft Teams down: Office chat app not working in the middle of the working day
Microsoft Teams, the popular workplace chat app, has gone down in the middle of the working day. Users complained that they were unable to get online or talk to colleagues in what appeared to be a widespread outage. But soon after the problems were identified, many appeared to be able to get back online again. The problems began around lunchtime in the UK, and around the time that many in the US are beginning work, according to tracking website Downdetector. Numerous users complained on that site and elsewhere that they were unable to get online, particularly using their browser. Many of those users were hit by a mysterious message reading: “Operation failed with unexpected error”. Others saw similarly vague messages about not being able to connect to the internet or indistinct error codes. Microsoft confirmed on its official account that it was aware of an issue where “some users may be unable to access Microsoft Teams using web browsers”. But numerous users complained that they were unable to get online through the desktop app, either.
2023-06-28 21:50
China's Xpeng to acquire Didi's smart EV unit in deal worth up to $744 million
China's Xpeng to acquire Didi's smart EV unit in deal worth up to $744 million
HONG KONG (Reuters) -Chinese electric car company Xpeng said it will acquire ride-hailing giant Didi's smart electric vehicle unit and
2023-08-28 10:55
The $75 Billion Climate Solution That’s a Bargain
The $75 Billion Climate Solution That’s a Bargain
Halting methane releases is one of the most effective ways for the oil and gas industry to combat
2023-06-27 13:50
Kodak Wins Prestigious Licensing International Excellence Award Honoring Innovation and Creativity in Brand Licensing
Kodak Wins Prestigious Licensing International Excellence Award Honoring Innovation and Creativity in Brand Licensing
ROCHESTER, N.Y.--(BUSINESS WIRE)--Jun 15, 2023--
2023-06-15 21:15
X, formerly Twitter, introduces 'sensitivity settings' to revive ad sales
X, formerly Twitter, introduces 'sensitivity settings' to revive ad sales
Elon Musk has made a big deal of X's free speech agenda. But it turns
2023-08-10 01:00
Broadband customers face £150 hikes because of ‘outrageous’ rises – Which?
Broadband customers face £150 hikes because of ‘outrageous’ rises – Which?
Broadband customers could pay £150 more than they expected to over two years due to “unpredictable” mid-contract price rises, consumer group Which? has warned. Which? has called on regulator Ofcom to ban the practice altogether as it found that BT, EE, Plusnet, Shell Energy, TalkTalk and Vodafone customers could see increases of more than 8% on average in 2024 while Virgin Media customers could see rises of more than 10%, based on analysis of Bank of England inflation forecasts. Many of the biggest broadband firms – such as BT, EE, Plusnet, Shell Energy, TalkTalk, Virgin Media and Vodafone – raise prices every April in line with the Consumer Price Index (CPI) or the Retail Price Index (RPI) plus an additional 3%, 3.7% or 3.9%. Customers wanting to avoid these hikes can be charged punitive exit fees to leave their contract early. From working and school to online banking and social media, a good broadband and mobile connection is essential to everyday modern life Rocio Concho, Which? Based on average contract amounts from the Which? 2023 broadband survey; Virgin Media, BT and EE customers could see the biggest annual increases of £50.52, £43.68 and £43.68 respectively in the year from April 2024, the watchdog calculated. Shell Energy Broadband customers could see the smallest annual price hike of £27.16 on average. These hikes would come on top of the more than 14% mid-contract uplifts many consumers faced in 2023. Which? also calculated how much extra these two rounds of price hikes could cost a customer for each provider who took out a deal in January 2023 over the course of their 18 or 24-month contract. Based on average amounts from the Which? 2023 broadband survey, BT and EE customers who took out a contract in January 2023 could see some of the highest average price hikes of £147.43 and £147.31, while Vodafone and Plusnet customers could see rises of £122.38 and £117.87 respectively. TalkTalk customers could see a smaller hike of £76.09 on average over the course of shorter 18-month contracts. Shell Energy Broadband did not apply its 2023 inflation-linked price hikes of 12.5% to customers who joined from January to March 2023. However, if a Shell Energy customer joined before January 2023 then, based on average amounts from the 2023 broadband survey, they would pay an extra £45.27 a year from Spring 2023 to Spring 2024. Ofcom should also use their review to finally ban these unpredictable mid-contract price hikes that harm consumers and undermine competition Rocio Concho, Which? Virgin Media did not use inflation-linked price hikes in 2023 but some customers’ prices did increase by an average of 13.8% per cent due to ad hoc price rises, according to Which? According to Virgin Media, customers who signed up after November 2022 would not have faced the ad hoc price rise in Spring 2023. Those on a fixed-price promotional deal – like those offered to new customers – would also not have seen the price hikes take effect until after their deal ended. Which? argues that it is unfair for consumers to be signed up to deals that do not give them certainty about how much they can expect to pay over the course of their contract, and then face exit fees if they want to leave early. A survey by the group found that 78% of consumers believe that mid-contract price hikes are always unfair and that people overwhelmingly value pricing certainty for broadband contracts. Which? has launched The Right to Connect campaign calling for clearer and fairer pricing for telecoms customers and an end to unpredictable mid-contract price hikes. Ofcom is currently reviewing inflation-linked, mid-contract price rises and is due to publish its consultation in December. Rocio Concha, Which? director of policy and advocacy, said: “From working and school to online banking and social media, a good broadband and mobile connection is essential to everyday modern life. While we know that price changes are never welcome, against a backdrop of rising costs, increased usage and continued investment, we have openly and directly set out to customers that we are introducing inflation-linked price changes Virgin Media spokesman “That’s why it’s outrageous that unpredictable mid-contract price hikes have been allowed to continue in the telecoms industry for so long – especially when so many have been struggling to make ends meet during the cost-of-living crisis. Consumers must have certainty about the total cost of their contract. “Which? is calling on all providers to do the right thing and cancel 2024’s above inflation price hikes. “Ofcom should also use their review to finally ban these unpredictable mid-contract price hikes that harm consumers and undermine competition. “Consumers need to know exactly how much their contract will cost when they sign up.” We understand that price rises are never wanted nor welcomed but recognise them as a necessary thing to do given the rising costs our business faces BT spokesman A Virgin Media spokesman said: “We are always clear and transparent with customers about any price increases. We wrote directly to all customers who received a price rise this year to notify them of their exact increase, and gave them the right to cancel without penalty within 30 days if they wished. “While we know that price changes are never welcome, against a backdrop of rising costs, increased usage and continued investment, we have openly and directly set out to customers that we are introducing inflation-linked price changes from April next year. This widely used format will provide more certainty on when and how any future increases will occur while fuelling the investment required to ensure we keep providing the fast and reliable connectivity our customers rely on.” A BT Consumer spokeswoman said: “We understand that price rises are never wanted nor welcomed but recognise them as a necessary thing to do given the rising costs our business faces. “Our price rises are annual, contracted and transparent and we make this clear when customers sign up or renew their contract. With the average price increase just above £1 per week in 2023, and some of our customers exempt from the rise, we’re also doing all we can to ensure our services are accessible to the widest group of customers possible through our market leading social tariffs.” A TalkTalk spokesman said: “The preventable CPI-linked price rise in April 2023 was a direct result of Ofcom-regulated wholesale cost increases. In order to prevent the same thing happening next April, we are again calling on Ofcom to act and reduce the wholesale increases that lead to these price rises. “These are exceptional circumstances, and families and business across the UK need the regulator to act.” Read More Rise of AI chatbots ‘worrying’ after man urged to kill Queen, psychologist warns William hails ‘amazing’ eco-friendly start-up businesses Royal website subject to ‘denial of service attack’, royal source says TikTok finds and shuts down secret operation to stir up conflict in Ireland Spotify will not ban all AI-powered music, says boss of streaming giant Vehicle scam reports surged by 74% in the first half of 2023, says Lloyds Bank
2023-10-06 07:22
Conservative activist who took down affirmative action is now going after law firms' diversity programs
Conservative activist who took down affirmative action is now going after law firms' diversity programs
The conservative activist behind the Supreme Court case that struck down affirmative action in college admissions this year is suing two international law firms for providing diversity fellowships.
2023-08-24 01:49
Nasa spots shocking number of galaxies like our own in early universe
Nasa spots shocking number of galaxies like our own in early universe
Scientists have spotted a shocking number of galaxies like our own in the early universe. The finding will prompt us to entirely rethink our understanding of how the universe formed the structures that surround us. Looking deep into space, scientists found that the galaxies we see in the early universe are much more like our own Milky Way than was thought possible. A team of international researchers including those at The University of Manchester and University of Victoria in Canada, used the James Webb Space Telescope (JWST) to discover that galaxies like the Milky Way are 10 times more common than what was believed based on previous observations with the Hubble Space Telescope. Many of these galaxies formed some 10 billion years ago or longer, going far back into the history of the universe. The Milky Way is a typical disk galaxy, with a shape similar to a pancake or compact disc, rotating about its centre and often containing spiral arms. These galaxies might be the kind where life can develop given the nature of their formation history, experts suggest. Astronomers previously considered these types of galaxies too fragile to exist in the early universe when galaxy mergers were more common, destroying what was thought to be their delicate shapes. Christopher Conselice, professor of extragalactic astronomy at The University of Manchester, said: “Using the Hubble Space Telescope we thought that disc galaxies were almost non-existent until the universe was about six billion years old, these new JWST results push the time these Milky Way-like galaxies form to almost the beginning of the universe.” He added: “These JWST results show that disc galaxies like our own Milky Way, are the most common type of galaxy in the universe. “This implies that most stars exist and form within these galaxies which is changing our complete understanding of how galaxy formation occurs. “These results also suggest important questions about dark matter in the early universe which we know very little about.” “Based on our results, astronomers must rethink our understanding of the formation of the first galaxies and how galaxy evolution occurred over the past 10 billion years.” The researchers say their findings, published in the Astrophysical Journal, completely overturn the existing understanding of how scientists think the universe evolves, and the scientists say new ideas need to be considered. Lead author Leonardo Ferreira, from the University of Victoria, said: “For over 30 years it was thought that these disc galaxies were rare in the early universe due to the common violent encounters that galaxies undergo. “The fact that JWST finds so many is another sign of the power of this instrument and that the structures of galaxies form earlier in the universe, much earlier in fact, than anyone had anticipated.” The improved technology of JWST allows astronomers to see the true structure of these galaxies for the first time. A paper describing the findings, ‘The JWST Hubble Sequence: The Rest-Frame Optical Evolution of Galaxy Structure at 1.5 The Astrophysical Journal. Additional reporting by agencies Read More Nasa just delivered a piece of a distant asteroid to Earth Nasa lands Bennu asteroid samples back on Earth Pieces of a distant asteroid are about to fall to Earth Nasa just delivered a piece of a distant asteroid to Earth Nasa lands Bennu asteroid samples back on Earth Pieces of a distant asteroid are about to fall to Earth
2023-09-26 00:18
Georgia Professor Begins Term as 2023–2024 President of the National Science Teaching Association
Georgia Professor Begins Term as 2023–2024 President of the National Science Teaching Association
ARLINGTON, Va.--(BUSINESS WIRE)--Jun 8, 2023--
2023-06-08 22:28