Kherson: No water, power or internet — only euphoria in newly liberated Ukrainian city

Kherson: No water, power or internet -- only euphoria in newly liberated Ukrainian city

Kherson, Ukraine CNN — For eight months, residents of the Ukrainian city of Kherson have been living under brutal Russian occupation. But on Friday, Ukrainian forces swept into the city and Russian troops retreated to the east. The residents have no water, no internet connection and little power. But as a CNN crew entered the … Read more

Ukraine suffered a comms outage when 1,300 SpaceX satellite units went offline over funding issues

Ukraine suffered a comms outage when 1,300 SpaceX satellite units went offline over funding issues

Washington CNN — Ukraine’s fears that its troops may lose access to Elon Musk’s crucial Starlink internet service deepened in the past week after 1,300 of the military’s satellite units went offline, according to two sources familiar with the outage. The small, easy-to-use satellite dishes made by Musk’s private rocket company SpaceX have been universally … Read more

A Less Risky Path To Entrepreneurial Success

A Less Risky Path To Entrepreneurial Success

Opinions expressed by Entrepreneur contributors are their own. By: Davis Smith and Trenton Smith Most startups fail. According to the Startup Genome’s 2019 report, 92% of startups fail. Surprisingly, only 4% of businesses in the United States ever exceed $1 million in annual revenue, and only 0.6% reach $10 million in revenue, according to the … Read more

Get ready for the weirdest recession in history

Get ready for the weirdest recession in history

Call it Britain’s non-recessionary recession. Already the current downturn, predicted by the Bank of England to be the longest since records beganis shaping up to be something of a curiosity, with few of the attributes that you would normally associate with a recession. Rising unemployment? Little sign of it so far. Mounting bad debt experience? … Read more

IBM Unveils New Chip in Push to Realize Quantum Computing’s Promise

IBM Unveils New Chip in Push to Realize Quantum Computing's Promise

International Business Machines Corp. announced Wednesday that it has created a more powerful quantum computing chip, the next step in its yearslong effort to build quantum machines capable of delivering business value to companies. The 433-qubit Osprey chip, unveiled at IBM‘s annual Quantum Summit in New York, has more than three times as many qubits … Read more

European Central Bank Says Bitcoin Is On ‘Road to Irrelevance’

European Central Bank Says Bitcoin Is On 'Road to Irrelevance'

The European Central Bank came out with a scathing review against bitcoin, and by extension crypto in general.Graphic: Craig Hastings (Shutterstock) We can now add the European Central Bank to the ranks of high-ranking crypto skeptics, with high-ranking execs going further to say that crypto shouldn’t be legitimized by any government or major financial institution. … Read more

Only now are the true costs of quantitative easing making themselves felt – all £200bn of them

Only now are the true costs of quantitative easing making themselves felt – all £200bn of them

It is a similar picture, though on a much larger scale, at both the US Federal Reserve and the European Central Bank (ECB). Britain is an outrider in recognizing these costs. Eventually, the ECB will be forced to fess up too. Expect a furious row in the German Bundestag when it emerges that the ECB … Read more

Creating impact with Quantum Technologies: Uniper and Terra Quantum to apply hybrid quantum computing in the energy industry

Freeline Receives Approval to Transfer to Nasdaq Capital Market

* In a joint effort, Uniper and Terra Quantum are exploring solutions that could harness the power of hybrid quantum computing to create real world business value * After assessing quantum computing use cases with Terra Quantum, Uniper has prioritized three use cases: .LNG (Liquefied Natural Gas) Logistics Optimization .CO2 emissions prediction in biomass plants … Read more

Tesla’s dominance of EVs is eroding as cheaper cars hit the market

Tesla's dominance of EVs is eroding as cheaper cars hit the market

You’re here is still the top-selling electric vehicle brand in the US, but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Global Mobility. The data firm found that Tesla’s market share of new registered electric vehicles in the US stood at 65% … Read more

We underestimate Beijing’s financial colonialism at our peril

We underestimate Beijing's financial colonialism at our peril

Five years ago Kenya started building a railway from the coast to, well, frankly, pretty near the middle of nowhere. There had been a plan to build a final stage into neighboring Uganda but, as the project hit a series of problems, that idea was scrapped and now it stops abruptly in Naivasha, 75 miles … Read more