The United Kingdom government has announced plans to establish new legislation to manage the advent of digital identities for use in modern society in a secure manner (1). While announcing the news last week, following a consultation period (2), the DCMS department for culture, media, and sports stated that digital identities might soon replace physical […]
The Indian banking industry plays a vital role in the country’s economic development. Over the past several decades, this industry has witnessed several changes, including technological advancements and diversification of financial products and services. The Indian banking system has only been improving since 1991 when the government encouraged foreign investments that opened our economy, leading […]
As the pandemic slowed down and more vaccines are rolling up, we are finally seeing live events making a comeback, and with some surprising technology like face id too! One of the world’s most prominent entertainment producers, ASM Global embraces facial verification payments for some of its biggest event venues (1). The launch came as […]
Last week Apple unveiled its third-gen iPhone SE at its “Peek Performance” event. The new phone, launched on its first event of 2022, comes with a similar iPhone 8-style body (same as the iPhone SE 2020) but has a new processor, support for 5G, and a higher price tag. The same A15 Bionic technology used […]
DAOs, Decentralized autonomous organizations, have gained immense popularity as associations that are presumably more democratic and equitable (1). For those unversed, a DAO is a business structure akin to a corporation or an LLC made up of a token or a custom cryptocurrency and online community space on platforms like Discord. Its members hold internal discussions and […]
Last Tuesday, Google announced its plans to purchase Mandiant, one of the prominent players in the cybersecurity industry, for about 5.4 billion USD (1). According to the deal, Google will acquire the US-based company for 23 USD per share in an all-cash deal likely to close by the end of the year (2). The […]
According to Goldman Sachs, the Metaverse market might be worth $8 trillion (1). While tech behemoths like Meta, Apple, and Microsoft are expected to dominate Metaverse’s infrastructure, it remains to be seen whether the vision will catch on. Even still, the race to produce and manage the digital products that will serve meta-consumers is already […]
Last Thursday, on 3rd March 2022, Twitter Inc announced the expansion of its crowdsourced fact-checking and content moderation program “Birdwatch” in a blog post (1). It would make notes on potentially misleading tweets visible to more users on the platform. The micro-blogging platform launched the project named Birdwatch last year as an experiment that asked […]
Wireless EV chargers seem like a technology that we won’t be seeing anytime soon. However, considering how quickly we are improving battery capacities and wire charging speeds, we are likely to see it being commercially viable in the next few years. Volvo is making significant strides along those lines among the many companies determined to […]
Quaise Energy, an MIT spinoff, has developed a unique drill technology that aims to unleash ultra-deep geothermal energy for clean, almost endless energy. The aim is to use steam from the Earth instead of coal to repower traditional coal plants worldwide. Despite the project’s high cost, the company expects it to replace its first coal-fired […]
