Industry

According to a statement made on Thursday, former Celsius Network CEO and co-founder Alex Mashinsky is the target of legal action brought by New York Attorney General Letitia James. The lawsuit also claims that Mashinsky “repeatedly made false and misleading statements about Celsius’s safety to encourage investors to deposit billions …

After 14 years of building, a huge “water battery” in the Swiss Alps is now fully functional. The Nant de Drance Hydropower Plant has a storage capacity of 400,000 automobile batteries. We have an issue with renewable energy sources: what to do when more electricity is produced than we actually …

The world market for computers will reach its peak in 1943, according to Thomas Watson, the head of IBM, with “maybe five” machines. He was mistaken—face let’s it, you probably have more than that in your own home—but it made reasonable at the time. After all, you probably wouldn’t need …

As part of a broadened partnership, the world’s largest automaker Stellantis will mass produce an electric vehicle take-off and landing aircraft for Archer Aviation and grant the startup company, which recently went public, access to an additional $150 million in funding over the following two years. The deal would make …

The Chinese internet behemoth Baidu, well renowned for its search engines, is making significant progress in the field of autonomous vehicles. The public will be able to use its robotaxis in Wuhan between 7 am and 11 pm starting this week without safety drivers in the drivers’ seats. Its unmanned …

In a report released on Tuesday, research group Fairwork India slammed Ola, Uber, Dunzo, PharmEasy, and Amazon Flex, claiming that the companies received a failing grade in its evaluation of whether they provided fair working conditions for its gig employees. The research initiative, which involved partners at the University of …

After a hacker gained access to its source code as a result of a breach of its GitHub repository, Okta has announced that it is reacting to another significant security incident. In a statement released on Wednesday, the leader in identification and authentication claimed that GitHub had alerted it to …

One of the front-runners in the quest to commercialize all-solid-state lithium-ion batteries, olid Power, has recently struggled. But a new agreement with BMW could provide the boost it requires. Solid Power’s share price followed the all-too-familiar SPAC bounce then fall after going public via SPAC in late 2021, trading for …

Microsoft revealed today that it has bought Lumenisity, a business based in the UK that created “hollow core fiber (HCF)” solutions particularly for ISPs and data centers. The purchase, whose financial details weren’t made public, will, according to Microsoft, “increase [its] capabilities to further optimize its global cloud infrastructure” and …

According to Microsoft, a flaw it found in Gatekeeper, a key component of macOS security, might have allowed attackers to infect unprotected Macs with malware. The “Achilles” vulnerability was first identified as CVE-2022-42821 by Jonathan Bar Or, a chief security researcher for Microsoft. According to Bar Or, the flaw might …