Author: i2wtc
Yuval Bachar knows data centers. He’s worked on them for Meta, Microsoft and Cisco, but now, his startup is looking to help Silicon Valley run data centers with lower carbon dioxide emissions.ECL, Bachar’s startup, builds hydrogen-powered data centers. Hydrogen is a novel energy source for data centers that is more eco-friendly, and more importantly for tech companies that need to quickly expand their infrastructure, data centers running on hydrogen can be placed into service in half the time that it takes to construct data centers that connect to the grid, Bachar said.There’s one of these hydrogen-powered data centers, with a measly…
UN Secretary-General Antonio Guterres emphasises alarming human rights abuses in Ukraine, Palestine, and DRC.Warmongers and authoritarians are “suffocating” human rights across the world, the chief of the United Nations has warned. Speaking at the UN Human Rights Council in Geneva on Monday, Secretary-General Antonio Guterres depicted a world where human rights were “on the ropes and being pummelled hard”. Highlighting the devastating effects of conflicts, including in the Middle East, Ukraine and Congo, Guterres noted abuses linked to economics, technology, climate change, migration, and gender. Guterres called out a “morally bankrupt global financial system” that favours profits over planet protections.…
An aerial drone photo shows tourists visiting the Harbin Ice-Snow World in Harbin, northeast China’s Heilongjiang Province, Jan. 23, 2025. (Xinhua/Zhang Tao)HARBIN, Feb. 24 (Xinhua) — Harbin Ice-Snow World, the largest theme park of its kind in the world, is set to close Wednesday night as temperatures rise, organizers announced Monday.By Sunday night, the 64th day of its 26th edition, the park had clocked up 3.47 million visits.Situated in Harbin, the capital of Heilongjiang Province in northeast China known as the “city of ice,” this year’s park was constructed with 300,000 cubic meters of ice and snow.Beyond its artistic ice…
On the third anniversary of Russia’s invasion of Ukraine, European nations find themselves in a transatlantic rift with their ally the United States. Under President Donald Trump, the US and Russia have started peace talks and excluded Ukraine and Europe from the process. Many European leaders, frustrated with Trump’s conduct regarding Ukraine, are now working to come up with a way to provide security guarantees for the war-torn country. Here is what European leaders are doing to back Kyiv: How did we get here? This month, Trump spoke with Russian President Vladimir Putin and agreed to hold peace talks with…
The Robinhood logo is seen displayed on a smartphone screen against a computer screen displaying stock market graphs on Oct. 10, 2024.Dominika Zarzycka | Nurphoto | Getty ImagesThe Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday.Robinhood said it received a letter from the SEC’s enforcement division on Friday, detailing in a blog post that the agency has closed its investigation into the crypto business with no intention of moving forward with an enforcement action. The news comes three days after Coinbase similarly announced that the SEC has agreed to end its enforcement…
Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty ImagesStarbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.The cuts will not affect workers at the company’s cafes.In a message to corporate employees, Niccol said Starbucks is “simplifying our structure, removing layers and duplication and creating smaller, more nimble teams.””Our intent is to operate more efficiently, increase accountability, reduce complexity and drive better integration,” Niccol wrote. “All with the goal of being more focused…
EXPLAINERThe AfD doubles its share of the vote from 10.4 percent in 2021 to 20.8 percent, becoming Germany’s second largest political party.In a historic shift in Germany’s political landscape, the far-right Alternative for Germany (AfD) has surged to become the second largest party in the Bundestag, winning 20.8 percent of the vote in federal elections. The Christian Democratic Union (CDU) was the biggest vote-getter on Sunday, winning 28.6 percent alongside its sister party, the Christian Social Union. The CDU has ruled out forming a coalition with the AfD, which presents a challenge in creating a stable government. The AfD has…
An aerial drone photo taken on Nov. 5, 2024 shows the main canal of China’s South-to-North Water Diversion Project in Jiaozuo, central China’s Henan Province. (Xinhua/Hao Yuan)BEIJING, Feb. 24 (Xinhua) — China’s South-to-North Water Diversion Project, the largest of its kind globally, has delivered more than 70 billion cubic meters of water through its middle route since it started full operation in December 2014.According to the China South-to-North Water Diversion Corporation, the massive water transfer project has become a crucial lifeline for 26 major cities and over 200 counties, benefiting approximately 114 million residents in Beijing, Tianjin, Hebei and Henan.The…
Listen to article ISLAMABAD: The All Pakistan Petroleum Dealers Association (PPDA) on Sunday rejected the government’s decision to deregulate oil prices, warning of a countrywide strike if the move was not reversed. The association cautioned that deregulating oil pricing would allow a foreign company to dominate the country’s energy sector, describing the decision as economic suicide. Hassan Shah, the association’s spokesperson, criticized the move, stating that granting a powerful Saudi oil company complete control over Pakistan’s fragile oil market — without consulting stakeholders — was not in the country’s best interests. He warned that deregulation would disrupt the entire supply chain, leading…
Here are the most important news items that investors need to start their trading day:1. Rocky runInvestors hope U.S. stocks will rally after a dismal end to the last trading week. Equities tumbled Thursday and Friday, and the S&P 500 and Nasdaq Composite fell 1.7% and 2.5% for the week, respectively. The Dow Jones Industrial Average also dropped 2.5% in its worst week since October. Earnings from Nvidia, among others, will help to drive the market this week. The personal consumption expenditures index, the Federal Reserve’s preferred inflation measure, is also due on Friday. Follow live market updates.2. Getting chippyNvidia…