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Archive for the ‘finance’ category: Page 42

Apr 1, 2022

U.S. & Russian crew return to Earth from ISS

Posted by in categories: business, finance, space

A U.S. astronaut and two Russian cosmonauts safely landed in Kazakhstan after leaving the International Space Station aboard the same capsule despite heightened antagonism between Moscow and Washington over the conflict in Ukraine.

#Space #RussianCosmonauts #USastronaut #News #Reuters.

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Mar 31, 2022

Signs of a housing bubble are brewing

Posted by in categories: finance, habitats

US home prices have soared to new heights and they keep on climbing, and some researchers and economists say they have seen signs of a housing bubble brewing.

Home prices are rising faster than market forces would indicate they should and are becoming “unhinged from fundamentals,” according to a new blog post written by researchers and economists at the Federal Reserve Bank of Dallas.

Until recently, the possibility of a bubble wasn’t widely supported. But after looking at housing markets across the US, the Fed researchers said new evidence is emerging.

Mar 30, 2022

Virgin Orbit looks beyond satellite launch for growth opportunities

Posted by in categories: finance, satellites

WASHINGTON — Small launch vehicle company Virgin Orbit says it sees opportunities not just in satellite launch but also in hypersonics as it looks to increase its revenue.

In its first financial results since going public in December after a merger with a special purpose acquisition corporation (SPAC), Virgin Orbit announced March 29 a net loss of $157.3 million for 2021 on $7.4 million in revenue. That compared to a net loss of $121.6 million on $3.8 million in revenue in 2020.

Despite the significant loss, the company emphasized in an earnings call the increase in revenue, primarily from two LauncherOne missions conducted in 2021, as well as a slight improvement in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Virgin Orbit reported an adjusted EBITDA of –$140.4 million in 2021 versus –$157.5 million in 2020.

Mar 26, 2022

4-word Facebook message you must ignore

Posted by in categories: cybercrime/malcode, finance

You’ve probably received this message already — just don’t open it. Details:


Facebook Messenger users have been told to ignore a four-letter message that could lead to disastrous financial consequences or stolen personal information.

Scammers use the instant messaging platform to send out a four-word “look what I found …” message, and a link from compromised accounts. These message also include emojis as well, 7News reports.

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Mar 25, 2022

American Robotics CEO Reese Mozer calls 2022 an ‘inflection point’ in automated drone services

Posted by in categories: augmented reality, business, drones, finance, food, robotics/AI

American Robotics CEO Reese Mozer has no beef with drone deliveries, but he thinks all the hoopla surrounding aerial transport of burgers and burritos is drowning out news about farther-reaching UAV activities that are dramatically changing the way businesses operate. He tells DroneDJ about that transformative innovation, and how American Robotics’s (AR) leading role in the complete automation of critical drone services to industry is set to take wing.

Nevertheless, Mozer adds, that action manages to generate sufficient media and public excitement to divert attention from the more complex, vital, and – in total financial terms – valuable surveying and inspection services drone automation provides heavy industry, energy, railroad, and infrastructure operators. And that’s precisely the UAV sector activity he predicts will begin taking off and turning heads this year.

Mar 24, 2022

USPS is doubling its initial order of electric mail delivery trucks

Posted by in categories: finance, law, sustainability, transportation

USPS has been criticized for not ordering more EVs.


The United States Postal Service announced its initial order of 50,000 next-generation delivery vehicles, 10,019 of which will be battery-electric vehicles. It’s a notable number considering the agency’s resistance to calls for increasing the number of EVs in its future delivery fleet.

Originally, the postal service said it would purchase 165,000 next-generation mail trucks, only 10 percent of which will be battery-electric vehicles. President Joe Biden and congressional Democrats urged the agency to increase the number of EVs, but USPS determined there was no legal reason to change its plans.

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Mar 24, 2022

Solar power reaches 1 TW milestone

Posted by in categories: business, finance, solar power, sustainability, transportation

Like electric vehicles – traditionally seen as expensive and niche – solar power is now becoming a realistic option for many households, as well as businesses wishing to decarbonise their operations. While the upfront costs of installing a photovoltaic (PV) rooftop system can be expensive, home solar will usually pay for itself within 5–10 years – and then provides the owner with an essentially free, limitless supply of clean energy, decentralised and unaffected by price volatility. Unlike the world’s increasingly scarce, finite supplies of coal, oil and gas, our Sun will continue to shine for another five billion years. Home solar can also be combined with batteries (which, like solar, are rapidly declining in cost) for energy storage at night.

At the utility scale, gigantic solar projects are now emerging in many countries. Recent years have seen the first gigawatt-scale (GW) facilities. The largest has a nameplate capacity of 2.3 GW. China is the world leader, accounting for 30% of all solar electric generation, followed by Europe (21%) and then the USA (16%). The vast majority is produced from PV modules, with a small fraction obtained by concentrated solar power (using mirrors or lenses to concentrate a large area of sunlight onto a receiver).

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Mar 22, 2022

AI Experts Warn of Potential Cyberwar Facing Banking Sector

Posted by in categories: cybercrime/malcode, finance, robotics/AI

U.S. authorities have flagged the U.S. financial system, a central pillar in the U.S. sanctions regime, as an attractive target, and officials and security experts have warned for weeks about the possibility of retaliatory cyberattacks from Russia.

Mar 22, 2022

Bill Browder says only Putin can end war after losing ‘bet’ | NewsNation

Posted by in categories: electronics, finance

Bill Browder is the founder and CEO of Hermitage Capital, which advised the largest foreign investment fund in Russia — until 2005. Browder is also the author of “Red Notice” detailing his expulsion from Russia and the arrest, torture and then death of his attorney, Sergei Magnitsky, who was being held in Russian custody.

Since then, Russian President Vladimir Putin has issued several arrest warrants for Browder, accusing him of financial fraud. However, Interpol deemed each attempt as politically motivated and rejected Putin’s calls for him to be extradited to Russia. Browder was arrested once in Europe, but was released hours later after Interpol declared the charges political.

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Mar 20, 2022

The metaverse will change the paradigm of content creation

Posted by in categories: blockchains, business, economics, finance

Decentralizing talent

More than 50 million creators are driving their own economy of talent, attracting in excess of $800 million in venture capital. Such figures are but a shadow of what they can become later, as new venues are rapidly becoming available.

The development of blockchain technologies has resulted in a sweeping revolution across financial markets, empowering individuals instead of institutions and channeling ownership of data and funds to their holders. The qualities of the blockchain — immutability, full transparency and the trustless nature of operations — have permeated many industries, swooning the balance of business orientation from centralized corporate reliance to decentralization. This shift in the basic concepts that govern relations between participants to transactions, facilitated by smart contracts, has not gone unnoticed in the creator economy.

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