List of All Articles with Tag 'tec'

Valkyrie is the latest issuer to refile an application for an exchange-traded fund that invests directly in Bitcoin

Munich-based fitness technology company EGYM has become the first European company to receive investment from Affinity Partners, the

A huge amount of rock has been found which could have great consequences for us all. The phosphate rock deposit, discovered in Norway, contains enough minerals to meet the global demand for batteries and solar panels for the next 100 years, according to the mining company that controls it, Norge Mining. Phosphate rock, first discovered in 1669 by German scientist Hennig Brandt, contains high concentrates of phosphorus, which is a key component for building green technologies like electric cars. But it has supply issues given the EU is dependent on imports from countries like China, Iraq and Syria, and until recently, Russia.. An article in the scientific journal Nature last year for instance warned of imminent supply disruptions of phosphorus, citing Russia’s invasion of Ukraine and the subsequent economic sanctions as a potential cause of market volatility. So finding all this rock is, in short, good news. Sign up to our free Indy100 weekly newsletter Indeed, a spokesperson for the European Commission described the discovery as “great news” for meeting the objectives of the Commission’s raw material objectives, with Norge Mining telling Euractiv that the projected 4,500-metre-deep ore body would theoretically be capable of meeting global demand for the next century. Norway’s minister of trade and industry, Jan Christian Vestre, said last month that the government was considering fast-tracking a giant mine in Helleland once analysis is completed on 47 miles of drill cores. If approval is given, the first major mine could begin operation by 2028. The mining plans already have the support of the European Raw Materials Alliance, according to local reports, while local consultations continue. Rock on. 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.

General Motors Co. and Toyota Motor Corp. both posted strong sales gains in the second quarter, signs of

Just when you thought 2023 was already going pretty badly, an “entrance to the underworld” has been found under a Mexican church - so, that can't be a good omen. It is, however, a very interesting find: the ancient structure was once believed to be an opening to hell and it was discovered in the site of Mitla near Oaxaca. It consists of a labyrinth leading underground used frequently by the Zapotec culture, who lived in the area for around 2200 years until the Spanish conquests in 1521. While the structure has its origins much earlier, the site was expanded by the Zapotecs and it was used extensively until a Church was later built over it after they left the area. Sign up to our free Indy100 weekly newsletter Around the late 16th century CE, after the Spanish had welcomed themselves to the Americas, a Catholic church and other structures were plonked on top of the site. Traditionally, the ancient Zapotecs believed the ruin to be a doorway to the world of the dead, and it’s thought that the entrance to the passages could be through the main altar of the church. Teams from the Mexican National Institute of History and Anthropology (INAH), the National Autonomous University of Mexico (UNAM), the Association for Archaeological Research and Exploration and the ARX Project all collaborated on the findings. They used geophysical scanning to uncover the complex of tunnels. However, perhaps the most significant discovery was an area measuring around 16 to 26 feet below the ground which could be a large chamber. It’s an exciting development, and as only the first round of surveys has taken place this is just the beginning. Project Lyobaa: Revealing the Underworld of Mitla, Oaxaca www.youtube.com The ARX Project, one of the grounds behind the discovery, released an announcement saying: “In 1674, the Dominican father Francisco de Burgoa described the exploration of the ruins of Mitla and their subterranean chambers by a group of Spanish missionaries. Burgoa’s account speaks of a vast subterranean temple consisting of four interconnected chambers, containing the tombs of the high priests and the kings of Teozapotlán. “From the last subterranean chamber, a stone door led into a deep cavern extending thirty leagues below ground. This cavern was intersected by other passages like streets, its roof supported by pillars. According to Burgoa, the missionaries had all entrances to this underground labyrinth sealed, leaving only the palaces standing above ground,” it continued. 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.

By Medha Singh The market share of Binance, the world's largest cryptocurrency exchange, and its U.S. affiliate have

Meta Platforms Inc.’s Threads app — the social network rolling out this week to take on Twitter Inc.

July's Buck supermoon could be seen around the world lighting up the skies at the start of this week, but incredible new footage is showing the sheer scale of the phenomenon. A plane flying over the skies of Oregon is going viral after being filmed getting completely eclipsed by the moment. In the footage of the giant moon, the tiny plane goes flying past, and looks absolutely minuscule in comparison to the planet. Click here to sign up for our newsletters

Scientists have found an explanation for a 'gravity hole' in the Indian Ocean. A gravity hole is an area where gravitational pull is low, causing the seafloor to sink. Deep beneath the ocean, there is one that is three million square kilometers in size and previously it has confused scientists. Now two researchers from the Indian Institute of Science, Debanjan Pal and Attreyee Ghosh, think they have solved the mystery. More than 1,000 kilometers (621 miles) beneath Earth's crust, they found cold, dense remnants of an ancient ocean plunged into a 'slab graveyard' beneath Africa some 30 million years ago, stirring up hot molten rock. Sign up to our free Indy100 weekly newsletter Pal and Ghosh retraced the formation of the massive geoid by modeling how tectonic plates skimmed over Earth's mantle for the past 140 million years. They ran simulations and compared the shape of the oceanic low those models predicted with observations of the dent itself. The models that reproduced the Indian Ocean geoid low in its current form all had one thing in common: plumes of hot, low-density magma wafting up beneath the low. These plumes, as well as a distinctive mantle structure, are what created the geoid low; if they rise high enough, Pal and Ghosh reckon. "In short, our results suggest that to match the [shape and amplitude of the] observed geoid low, plumes need to be buoyant enough to come up to mid-mantle depths," the pair wrote. The first of these plumes appeared about 20 million years ago, to the south of the Indian Ocean geoid low, and around 10 million years after the old Tethys Sea sank into the lower mantle. As the plumes spread beneath the lithosphere and inched towards the Indian peninsula, the low intensified. But more research needs to be done to work out what is really going on as not all scientists are convinced. Science is crazy. 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.

Australian Prime Minister Anthony Albanese is considering several candidates for Reserve Bank governor, including extending the term of

While inflation has peaked in Singapore and growth prospects have dimmed, authorities aren’t shifting to pro-growth mode just

South Africa has begun taking steps to resolve what the presidency believes is the biggest impediment to growth