Can you imagine where the soon to be world’s largest data center would be situated – a small town in the remote north of the Arctic Circle is set to be its home. With the aim of eventually drawing on a record-setting 1000 megawatts of power, the Kolos facility is being developed by a US-Norwegian…
Based on growing optimism that faster transaction times will hasten the spread of the cryptocurrency, bitcoin soared past $4,000 for the first time. After a plan to quicken trade execution by moving some data off the main network was activated last week, noting a gain of nearly 17 percent since Friday, the largest digital tender…
As key U.S. officials played down the risk of an imminent war with North Korea and as South Korea’s president said resolving Pyongyang’s nuclear ambitions must be done peacefully, tensions on the Korean peninsula eased slightly on Monday. A spike in tensions in recent months has been spiked by concerns that North Korea is close to…
Even as Microsoft Corp looks to speed up use of the distributed database software by enterprises, the U.S. tech giant is working on technology that it believes can make blockchain-based systems faster and more private. In order to solve some of the issues that have slowed down the adoption of blockchain networks, including speed and…
Over the period of last ten years or so, the Royal Bank of Scotland (RBS) has seen its reputation take a battering. Nearly 73 percent of the bank is still owned by the taxpayer after having being bailed out by the U.K. government during the global financial crisis in 2008. And now the bank is…
Germany’s Volkswagen Group and India’s Tata Motors said that talks related to cooperation about joint development of a car for emerging markets have ended amicably. After an earlier alliance with Japan’s Suzuki Motor Corp also falling apart, a further blow to Volkswagen’s (VW) efforts to develop a cheap vehicle platform for Asian markets was dealt…
By announcing the expansion of its video offerings with programming ranging from professional women’s basketball to a safari show and a parenting program, Facebook Inc made its biggest move to date to compete in the television market. The company said that only a limited group in the United States will be able to access the…
With the intention to sell its film and music library, Indian movie production house Eros is in early talks with Apple, Amazon and Netflix, reported the local media citing sources that are familiar with the matter. In the world’s fastest growing Internet services market, jockeying to boost their Indian television, movie and music offerings are…
A new Amazon returns policy that will make it easier for consumers to send back items at the merchant’s expense is at the center of dissent and opposition by sellers. Starting Oct. 2, items that they sell will be “automatically authorized” for return, marketplace sellers who ship products from their home, garage or warehouse —…
Experts suggest that cloud computing may provide the security that companies are searching for even as high-profile cybercrime such as data theft, ransomware and computer hacks seem to be occurring more frequently and with higher costs. “Cloud computing improves IT security and security professionals need as much help as possible,” said Nick McQuire, vice president…
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