Russia is producing shells 3 times faster than Ukraine’s allies, a report said. The report said Russia was also producing shells more cheaply. Ukraine is being outgunned by Russia. Russia is producing artillery shells faster and at a lower price than Ukraine’s NATO allies, a report found. According to an analysis by consulting firm Bain […]
By Laura Matthews and Carolina Mandl NEW YORK (Reuters) – U.S. trading moves to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world’s largest markets, but is expected to temporarily increase transaction failure for investors. To comply with a rule change the U.S. Securities and Exchange Commission […]
Beginning May 28, Wall Street must settle stock and many other trades within one business day. – Ina Fassbender/Agence France-Presse/Getty Images For decades, Wall Street has been processing trades faster and faster, and on May 28 the industry will hit a new benchmark when it moves from the T+2 to T+1 settlement cycle. This means […]
Data center. To counter the strain on global energy resources due to accelerating computational demands – yes, AI, we’re looking at you – research institute imec is suggesting a radical shift away from traditional computing methods. Its solution, detaile in IEEE Spectrum engineering magazine, involves exploiting the fundamental properties of superconductors to greatly reduce energy […]
By Carolina Mandl NEW YORK (Reuters) – U.S. markets are set for an upheaval on Tuesday, May 28, when the settlement time for U.S. equities, corporate municipal bonds and other securities will be halved to one day, or T+1, following the adoption of a new Securities and Exchange Commission (SEC) rule in February 2023. Here […]
Antarctica’s Thwaites Glacier is melting fast; this much, scientists already know. However, according to a new study, it’s melting faster than we thought — and that spells trouble for sea-level-rise projections. Using observations from the ICEYE Synthetic Aperture Radar (SAR) satellite constellation, a joint project between the U.S. and Finland, researchers have taken a detailed look […]
By Laura Matthews and Carolina Mandl NEW YORK (Reuters) – U.S. trading moves to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world’s largest markets, but is expected to temporarily increase transaction failure for investors. To comply with a rule change the U.S. Securities and Exchange Commission […]
TSA announced they are now using new credential authentication technology at the Fredrick Douglas Greater Rochester International Airport. The new credential authentication technology, or CAT-2, is the latest generation of CAT units that verify travelers’ identities. This new technology now has a camera that captures an in-person photo of the traveler but is said to have all […]
Intel fired yet another salvo in the AI PC war today with claims that its Lunar Lake chips, which are on track for launch in Q3 2024, deliver 1.4x more AI performance than the Qualcomm Snapdragon X Elite chips that Microsoft showed off today. Intel also claims incredible gains in battery life and power efficiency, […]
More unsettling news from the bottom of the world. Scientists have uncovered evidence of “vigorous melting” at Antarctica’s Thwaites Glacier, according to a new study published Monday. And for the first time, there is visible evidence that shows warm seawater pumping underneath the glacier. The Thwaites Glacier, part of the vast West Antarctic Ice Sheet, […]
US Navy warships in the Middle East have been facing off against anti-ship ballistic missiles. The Houthis introduced these missiles into combat for the first time in late 2023. The captain of an American destroyer said they are “way faster” than anything else. US Navy warships operating in the Red Sea have been intercepting deadly ballistic […]
Sea levels are rising, swamping roads and homes in South Florida. And it’s picked up the pace in recent years. In the last 80 years, sea level rise has risen about a foot, with 8 inches of that total in the last 30 years, said Brian McNoldy, a senior research associate at the University of […]