Technology(Antiviral cryptocurrency) Customers of Norton 360 will be able to use an Ethereum mining feature in the “coming weeks,” according to the company. Cryptocurrency “mining” works by utilizing the hardware of a computer to perform complex calculations in exchange for a reward. It is unclear what Norton Crypto’s business model is or whether Norton will take a cut of earnings.
Category Archives: Business
Employees of Blue Origin say they would refuse to board Jeff Bezos’ rocket ship because they want to live.
Business (Aerospace engineering) Going to space may have been one of Jeff Bezos’ childhood dreams, but childhood dreams, but current and former employees of the company that got there say Blue Origin is a toxic organization that cares more about beating fellow billionaires than actual flight safety. Jeff Bezos is the founder of Blue Origin
Larsen & Toubro launches L&T EduTech
Technology(online education) Sabyasachi Das has been named CEO of the firm’s new venture. Before joining L&T, Das was a senior vice president and member of Cognizant’s executive leadership team (ELT).
The Guatemalan entrepreneur turned his baking hobby into a $3.5 million cookie
Art into business(cooking) Wunderkeks, Hans Schrei’s cookie brand was bootstrapped and made $1.3 million in revenue last year. Bootstrapping a business means that the founders do not accept equity or venture capital. Schrei detailed his entrepreneurial journey, from moving to the United States to going viral on Twitter.
India’s electricity demand rises by 4.9% in early October amid coal crisis
Demand for Coal (electricity shortage) India’s electricity demand picks up further in October while coal shortage lingers. The country is currently facing a supply deficit due to the ongoing coal crisis. Amid an acute coal shortage, India’s electricity demand surged 4.9% during the first half of October as supply fell short of demand by 1.4%.Continue reading “India’s electricity demand rises by 4.9% in early October amid coal crisis”
OneWeb launches another 36-odd LEO satellites from Russia
Space(satellite launch) OneWeb, a Low Earth Orbit (LEO) satellite communications operator, co-owned by the Bharti group and the UK government, launched another batch of 36 satellites by Arianespace from the Vostochny cosmodrome in Russia The latest launch takes OneWeb’s total in-orbit constellation to 358 satellites, over half of OneWeb’s entire 648 LEO satellite fleet that will deliver high-speed,Continue reading “OneWeb launches another 36-odd LEO satellites from Russia”
Open Source Is Finally Making Its Way Into Financial Services
Technology Open source will catalyse the most significant evolution in the financial services industry to date. This evolution will shift power in this $25 trillion industry away from business executives and toward developers, not just in fintech firms but also in centuries-old incumbents.
Microsoft is shutting down LinkedIn in China, citing a ‘challenging’ environment.
Technology(Microsoft – LinkedIn extinction in China) LinkedIn will replace its China platform with a jobs site. China, he claims, is imposing stricter compliance requirements. The move comes as Beijing tightens controls on the internet sector
Amazon and Walmart are bracing for a divisive Diwali showdown in India
Competitive Festival (Diwali – colours of lights, India) Whoever wins this Diwali gains more than just bragging rights. Investors will be watching how Amazon and Flipkart fare against domestic like Reliance. In an update to its bullying and harassment policies, Facebook and Instagram announced Wednesday that they will remove “severe sexualizing content” targeting public figures from their platforms
Facebook’s policy on attacking public figures is set to change
Technology (Protection for consumers) Facebook’s platforms will now provide greater protection to public figures. In an update to its bullying and harassment policies, Facebook and Instagram announced Wednesday that they will remove “severe sexualizing content” targeting public figures from their platforms
TCS requests that employees return to their “deputed branch” by November 15
Tata’s request for employees “Not to work from home” IT major TCS will encourage employees to join offices by the end of calendar year 2021. At present, about 5 per cent of the IT major’s associates are working from offices
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