Bets on more Ether gains are intensifying following a surprise US regulatory pivot toward allowing exchange-traded funds for the digital asset, even as questions swirl about the strength of demand for the products. The shift by the US Securities & Exchange Commission catalysed a 26% jump in the second-largest token in the seven days through…
Artificial intelligence is being used in the hunt to find an endangered male plant, described as the world’s loneliest, a female partner. A research project, led by the University of Southampton, is scouring thousands of acres of forest in South Africa – where the only known Encephalartos woodii (E. woodii) was ever found. All existing…
Amazon Web Services (AWS) experienced a wide-reaching outage on Tuesday afternoon, which affected countless major websites. AWS is a cloud computing offering that makes money by charging businesses to host websites and other applications. While the company says the issue is largely resolved now, the outage lasted about two hours. “We are continuing to work…
British microchip designing giant Arm has filed to sell its shares in the US, setting the stage for what could be the biggest stock market listing this year. The Cambridge-based firm is reportedly aiming to raise up to $10bn (£8bn). In a blow to the UK, the company said in March that it did not…
Kia and Hyundai have offered car owners steering wheel locks and a software upgrade after TikTok videos popularised how to easily steal their cars. “Kia Boyz” trended last year with videos showing thieves breaking into the cars and taking them for joyrides. The models don’t have an electric mobiliser and use a turn-key instead of…
OLD Mutual Zimbabwe’s corporate incubator and accelerator in Harare, Eight2Five Innovation Hub has collaborated with the US Embassy to bring an American venture capital expert, Dawn Batts, to upskill local entrepreneurs and start-ups on investor relations. Venture capital is a form of private equity and a type of financing that investors provide to start-up companies…
Apple chief executive Tim Cook says there are still “not enough women at the table” at the world’s tech firms – including his own. In an exclusive interview with the BBC, Mr Cook said technology “will not achieve nearly what it could achieve” without a more diverse workforce. He said there were “no good excuses”…
The US federal agency in charge of road safety is opening an official investigation into Tesla’s “self-driving” Autopilot system. The National Highway Traffic Safety Administration (NHTSA) said it was acting following 11 Tesla crashes since 2018 involving emergency vehicles. In some cases, the Tesla vehicles “crashed directly into the vehicles of first responders”, it said.…
The stock market value of Facebook has topped $1 trillion for the first time after the tech giant won a court victory against US regulators. A federal court dismissed two lawsuits, from the Federal Trade Commission (FTC) and a coalition of states, sending Facebook shares up 4.2%. It took the value of Facebook above $1tn,…
Former US president Donald Trump has praised Nigeria’s government for banning Twitter after it deleted President Muhammadu Buhari’s post for breaching its rules. “Who are they to dictate good and evil, if they themselves are evil?” Mr Trump said in a statement. He urged other countries to ban Twitter and Facebook for not allowing “free…
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