Business (and Economic Development)

Within 24 months SpaceX could begin providing gigabit internet to the USA

SpaceX won an endorsement on Wednesday from Federal Communications Commission (FCC) Chairman Ajit Pai to build a broadband network using satellites. SpaceX told the FCC in a Feb. 1 letter that it plans to launch a pair of experimental satellites on one of its Falcon 9 rockets. That launch, already approved by the FCC, is [...]

By | February 16th, 2018|Business, Space|0 Comments

Clean energy is growing the economy and driving down emissions

The economic expansion since 2009 is historic not just for its duration, but for the role that America’s energy sector has played in creating jobs and reducing carbon emissions. Over the past 12 months this trend has solidified and brought our domestic energy sector to its cleanest place in history. While the energy jobs of [...]

By | February 16th, 2018|Business, Energy, Environment|0 Comments

MIT has a new chip to make AI faster and more efficient on smartphones

Just one day after MIT revealed that some of its researchers had created a super low-power chip to handle encryption, the institute is back with a neural network chip that reduces power consumption by 95 percent. This feature makes them ideal for battery-powered gadgets like mobile phones and tablets to take advantage of more complex [...]

By | February 15th, 2018|Business|0 Comments

Blockchain engineers are in very high demand

Demand is off the charts for blockchain talent, and the capital is waiting to back it up. More than $3.7 billion has been raised through ICOs in the United States alone. Blockchain-related jobs are the second-fastest growing in today’s labor market; there are now 14 job openings for every one blockchain developer. And as Nick [...]

By | February 15th, 2018|Business|0 Comments

European Union economy records fastest economic growth in a decade

The EU economy grew at its fastest rate in 10 years in 2017, registering a 2.5% increase on the year before. It is the highest annual growth since 2007, when the economy expanded by 2.7%. The bloc of 28 countries put in a strong performance in the final quarter of the year, growing 0.6%, mainly [...]

By | February 14th, 2018|Business|0 Comments

Bill Gates to Apple: Help investigators access phones or risk regulation

Bill Gates rarely shied away from confronting Apple when he was Microsoft’s CEO, and new comments to Axios today suggest that he has a new issue with Cupertino: unbreakable encryption. Without mentioning Apple’s name, Gates raised the prospect that the company might be on the wrong side of the encryption debate, specifically when it comes [...]

By | February 14th, 2018|Business|0 Comments

Express delivery: use drones not trucks to cut carbon emissions, experts say

Stolaroff and his colleagues spent three years studying the environmental difference between quad copters, a type of drone and diesel-powered delivery trucks in the US. In new research published in Nature Communications, they found that within the 4km (2.5 mile) range of current battery-driven delivery drones, the airborne devices consumed less energy per package and [...]

By | February 13th, 2018|Business, Environment, Transport|0 Comments

UK inflation still at 3% despite fall in food prices

UK consumer price inflation remained at 3% in January, the same level as in December. The rate, as reported by the Office for National Statistics (ONS), is close to November's six-year high of 3.1%. Most economists were expecting a small fall in the CPI to 2.9%. Last week, the Bank of England indicated interest rates [...]

By | February 13th, 2018|Business, UK Affairs|0 Comments

Ten gigabit home broadband tested in UK

Broadband speeds of up to 10 gigabits per second (Gbps) have been tested in a home in the former Olympic village in east London. Broadband operator Hyperoptic conducted the test, claiming it is the first time such speeds have been brought to a UK home using an existing ISP network rather than a dedicated line. [...]

By | February 13th, 2018|Business|0 Comments

Criminals hide ‘billions’ in crypto-cash – Europol

Three to four billion pounds of criminal money in Europe is being laundered through cryptocurrencies, according to Europol. The agency's director Rob Wainwright told the BBC's Panorama that regulators and industry leaders need to work together to tackle the problem. The warning comes after Bitcoin's value fell by half from record highs in December. UK [...]

By | February 12th, 2018|Business|0 Comments