June 12, 2022 Republican Senator Pat Toomey is demanding an explanation from the Federal Reserve Bank of Kansas City after it allegedly revoked a coveted master account that was initially granted to a fintech called Reserve Trust. Toomey more...
June 10, 2022 Xanadu's quantum chip Borealis was able to perform a benchmark task that would take over 9,000 years in 36 microseconds. The new development therefore dispels widespread assumptions that quantum computers are exaggerated. Quantum computers are more...
June 9, 2022 In a recent report from Tom's Hardware, Microsoft is said to be planning to make PC makers ship solid-state boot drives in all Windows PCs beginning 2023 or 2024, ending the era of spinning hard more...
June 8, 2022 Two bipartisan senators filed a bill on Tuesday calling for the creation of new regulations for cryptocurrency, and to give the Commodity Futures Trading Commission (CFTC) the mandate to enforce the rules. Spearheaded by Republican more...
June 8, 2022 The U.S. Treasury recently released the first state awards from a $10 billion COVID-19 aid program intended to boost broadband internet access in underserved areas. $583 million worth of projects were announced for the states more...
June 7, 2022 New York State legislature has passed a law imposing a two-year moratorium on the use of fossil-fuel power plants for crypto mining. The State Assembly passed the bill in April and the Senate passed it more...
June 7, 2022 On Tuesday, Texas Republicans narrowly lost their attempt to repeal the First Amendment rights of social media companies' First Amendment rights. In a 5-4 ruling, the Supreme Court granted an emergency stay request on Tuesday more...
June 5, 2022 Ford CEO Jim Farley announced that he wants the company's EVs to be sold exclusively online, sans any dealer markups or other price negotiations. "We've got to go to a non-negotiated price. We've got to more...
June 3, 2022 Oregon's Department of Human Services will abolish the AI tool used by child welfare officials to decide which families are being investigated by social workers. The algorithm would be replaced by its new program, called more...
June 2, 2022 Bitcoin, the world's largest cryptocurrency, fell to $29,555.35, signaling a 6.9% decline. The decline means the cryptocurrency lost $2,262.81 from its previous closing price. Since hitting an all-time in 2021, the cryptocurrency has faced a more...
June 1, 2022 Several opinion polls and surveys have shown that older Americans remain bullish on cryptocurrencies, and many plan to use their investment for retirement. They are however cautioned that crypto is prohibitively volatile for retirement purposes. A more...
May 29, 2022 Researchers from Swinburne University of Technology have invented a robotic prototype aimed at helping medical staff automate blood donation processing. The university researchers, led by Dr Shanti Krishnan, deputy director of the Swinburne Factory of more...
