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British consortium to invest $9 billion in Indonesia mining, EV batteries, minister says
British consortium to invest $9 billion in Indonesia mining, EV batteries, minister says
JAKARTA A British consortium that includes mining giant Glencore will invest about $9 billion in Indonesia's mining and
2023-05-31 17:53
Pay packages for female CEOs fell last year after big gains in 2021, ranks remain thin
Pay packages for female CEOs fell last year after big gains in 2021, ranks remain thin
Last year was a mixed bag pay-wise for the women who run companies in the S&P 500 -- compensation increased for more than half of them, but the median pay package fell 6%
2023-05-31 17:51
CEOs got smaller raises. It would still take a typical worker two lifetimes to make their annual pay
CEOs got smaller raises. It would still take a typical worker two lifetimes to make their annual pay
After ballooning for years, CEO pay growth is finally slowing
2023-05-31 17:23
A 'City of Atlantis' has been discovered after being lost for 600 years
A 'City of Atlantis' has been discovered after being lost for 600 years
The remains of a church from a sunken town known as the 'Atlantis of the North Sea' has been discovered beneath the mud on Germany's coast. The church is believed to be part of a site called 'Rungholt' located in the Wadden Sea. The town, which was previously thought to be a local legend, has not been seen since 1362 after it was submerged beneath the waves during an intense storm. However, new research has shown that the town really did exist and that they had built reinforcements around the settlement to protect them from the severe elements. The research was carried out on the area by archeologists from Kiel University, Johannes Gutenberg University Mainz, the Center for Baltic and Scandinavian Archaeology, and the State Archaeology Department Schleswig-Holstein. Sign up to our free Indy100 weekly newsletter Searching the Wadden Sea which is the longest stretch of intertidal sand and mud flats on Earth, the team, using geophysical imaging technology found man-made mounds that had been constructed to protect the town against the tides. Amongst this structure were the foundations of a building which the team determined had to be a church which may have been the location of the town centre. In a statement, Dr. Dennis Wilken, a geophysicist at Kiel University of Kiel University said: "Settlement remains hidden under the mudflats are first localized and mapped over a wide area using various geophysical methods such as magnetic gradiometry, electromagnetic induction, and seismics." Dr. Hanna Hadler from the Institute of Geography at Mainz University added: "Based on this prospection, we selectively take sediment cores that not only allow us to make statements about spatial and temporal relationships of settlement structures, but also about landscape development." Dr. Ruth Blankenfeldt, an archaeologist at ZBSA also suggested that the "special feature of the find lies in the significance of the church as the centre of a settlement structure, which in its size must be interpreted as a parish with superordinate function." The storm that washed away Rungholt has gone down in history as one of the largest to ever hit the region, affecting not just Germany but also the Netherlands, Denmark and the UK. The storm happened on January 1362 and has since been referred to as "the great drowning of men." According to historical reports, Rungholt was once a busy trading port for fishermen but was also populated by taverns, brothels and churches. 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.
2023-05-31 17:17
Suspected State-Backed Hackers Hit More Nations as Threat Grows
Suspected State-Backed Hackers Hit More Nations as Threat Grows
A hacking group suspected of ties to an Asian government has broadened its targets to government agencies in
2023-05-31 16:22
Intel Cedes Spotlight at Global Tech Gala to AI Darling Nvidia
Intel Cedes Spotlight at Global Tech Gala to AI Darling Nvidia
When Asia’s biggest computing and electronics show kicked off this week, one name was conspicuously absent: Intel Corp.
2023-05-31 16:21
ChatGPT’s Riskiness Splits Biden Administration on EU’s AI Rules
ChatGPT’s Riskiness Splits Biden Administration on EU’s AI Rules
Biden administration officials are divided over how aggressively new artificial intelligence tools should be regulated — and their
2023-05-31 15:15
Toyota customers in Asia, Oceania face risk of data leak due to setting error
Toyota customers in Asia, Oceania face risk of data leak due to setting error
TOKYO Toyota Motor Corp said on Wednesday that information on customers in some countries in Asia, excluding Japan,
2023-05-31 14:25
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:17
Apple’s iPhone Maker Expects to More Than Double AI Server Sales
Apple’s iPhone Maker Expects to More Than Double AI Server Sales
Hon Hai Precision Industry Co. expects to at least double revenue in the second half from the sale
2023-05-31 13:28
Britain Is Racing to Fix Its Broken Water System
Britain Is Racing to Fix Its Broken Water System
It’s approaching midnight on a leafy, residential street in southeast London, and Stewart Knowles is listening for water.
2023-05-31 12:58
Bitcoin Faces First Monthly Drop of 2023 as Crypto Revival Cools
Bitcoin Faces First Monthly Drop of 2023 as Crypto Revival Cools
The crypto rebound is losing steam, leaving Bitcoin on course for its worst month since the FTX exchange
2023-05-31 12:45
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