Korea’s Pace of Consumer Inflation Eases to Slowest in 25 Months
South Korea’s pace of inflation eased in July to the slowest in more than two years, offering more
2023-08-02 08:51
AMD Gains After Chipmaker Tops Estimates, Makes AI Inroads
Advanced Micro Devices Inc. gained in late trading after the chipmaker topped second-quarter estimates and touted inroads in
2023-08-02 08:21
Tinder-parent Match sees third-quarter revenue above estimates on strong user growth
Match Group forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent
2023-08-02 04:23
AMD forecasts third-quarter revenue below estimates
(Reuters) -Advanced Micro Devices forecast third-quarter revenue below market expectations on Tuesday, hit by a slowdown in cloud computing spending.
2023-08-02 04:19
Pinterest delivers revenue beat on digital ad market rebound
(Reuters) -Image-sharing platform Pinterest beat second-quarter revenue estimates on Tuesday as monthly active users surged and digital advertising rebounded from
2023-08-02 04:16
Meta begins process to end news access in Canada
(Reuters) -Meta Platforms said on Tuesday it has begun the process to end access to news on Facebook and Instagram
2023-08-02 00:59
Bitcoin Turns Less Volatile Than S&P 500, Tech Stocks and Gold
Bitcoin trading volume tumbled last month amid waning volatility and little notable price swings in a market that
2023-08-02 00:28
Mega wind turbine with blades twice the size of a football pitch switched on for first time
In the week that it was announced that Rishi Sunak will be granting new oil and gas licences in the North Sea, new commitments to renewable energy are being made elsewhere in the world. The China Three Gorges Corporation just turned on a mega wind turbine with blades twice the size of a football pitch in the Taiwan Strait. The state-owned energy firm has activated the biggest wind turbine on the planet offshore in a move which could produce up to 16 megawatts of energy, and it’s now been connected and hooked up to the energy grid. The MySE 16-260 turbine stands at an incredible 500ft (152m) tall and it could power thousands of homes every year. Sign up to our free Indy100 weekly newsletter In fact, it’s thought that around 36,000 homes will be served by electricity from the turbine. It’s not surprising given that each blade weighs around 54 tons and covers nearly 540,000 square feet when they rotate. Mingyang Smart Energy is the company that designed the turbine, and they released a message on LinkedIn making clear just how much wind the structure could deal with – stating that it can withstand “extreme wind speeds of 79.8 [meters per second]”. It’s a staggering feat of engineering and it’s thought that the turbine could save around 54,000 tons of carbon dioxide compared to coal power plants. More structures like one are being planned, too. Executive Director Lei Lei Zengjuan told the media: “In the next step, the 16 [megawatt] unit will be applied in batches in the second phase of the Zhangpu Liuao Offshore Wind Farm Project constructed by China Three Gorges Corporation.” It comes a few weeks after work was stopped on one of the UK’s largest offshore wind farms after its developer said that the cost of the project had soared by so much that it no longer made financial sense to push forward. Swedish energy giant Vattenfall, one of Europe’s biggest wind producers, shut down work on the development of the Norfolk Boreas site. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-02 00:25
Jaw-dropping video takes viewers down to the deepest place on Earth
A mind-boggling video has shown people just how far down the deepest place on Earth is, and it is utterly terrifying. The jaw-dropping video came from a trailer for a film that features Titanic director James Cameron, who seems to have a thing about the deep ocean. In the documentary, Long Way Down: Mariana Trench for National Geographic, Cameron took part in what was called the Deepsea Challenge which saw him dive to the bottom of the Mariana Trench in the western Pacific Ocean. The Mariana Trench is some 7 miles down and is deeper than Mount Everest would be if it were pointing down into the Earth. The bottom of the trench is called the Challenger Deep and is the deepest point known on our planet. For the attempt, a submersible was built to withstand the pressure in the deepest part of the ocean and trailers for the documentary terrifyingly showed just how far down the trench is. The video revealed it took Cameron around 90 minutes to reach the bottom of the 7-mile deep trench. In a condensed 1-minute video summarising the descent, the clip continued to give facts about the ocean in a graphic. Sign up to our free Indy100 weekly newsletter Long Way Down: Mariana Trench | National Geographic www.youtube.com 90 per cent of all ocean life lives between the depths of 0 and 660ft. A depth of 800ft is the dive depth of a nuclear submarine. Continuing on from that, 1,044ft down is the deepest ever recorded scuba dive, while at 3,300ft the last trickle of sunlight begins to fade. As has been in the headlines recently following the implosion of the OceanGate submersible, the Titanic sits at a depth of 12,467ft – just over one-third of the depth of the Mariana Trench. At 36,070ft, the bottom of the Mariana Trench has been visited by only a handful of people, one of whom is Hamish Harding, the British billionaire who died onboard the Titan submersible in June 2023. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-01 20:25
Uber's post-pandemic growth is slowing
Uber has reported that its revenue ticked up 14% last quarter, marking a slower pace of growth than recent quarters when sales surged as riders returned to pre-pandemic habits.
2023-08-01 20:22
Tencent Becomes Market Laggard as China Traders Sell
Tencent Holdings Ltd. has fallen out of favor with mainland Chinese investors burned by volatility and sentiment-driven trading.
2023-08-01 17:55
Blackstone Alum Doubles Down on Drone Startups After 600% IdeaForge Return
The largest single investor in IdeaForge Technology Ltd. is doubling down on India’s drone-making sector after an early
2023-08-01 17:24