Decline in wealth due to commission ban in Europe estimated at 375 billion euros annually
As part of the study titled "The impact of commission bans on household wealth: Findings from OECD countries," a team led by Professor Steffen Sebastian, Director at the Center for Finance at the University of Regensburg, investigated the impact of c.....»»
Financial institutions have 30 days to disclose breaches under new rules
Amendments contain loopholes that may blunt their effectiveness. Enlarge (credit: Brendan Smialowski / Getty Images) The Securities and Exchange Commission (SEC) will require some financial institutions to disclose secur.....»»
“Unprecedented” Google Cloud event wipes out customer account and its backups
UniSuper, a $135 billion pension account, details its cloud compute nightmare. Enlarge (credit: Bloomberg via Getty Images) Buried under the news from Google I/O this week is one of Google Cloud's biggest blunders ever:.....»»
ZT Corporate buys 4 Greenway Automotive stores
ZT Automotive is owned by ZT Corporate, a wealth management firm that acquires and operates dealerships......»»
An SEC mystery: What"s the deal with voluntary filers?
Companies tend not to clamor for more regulatory oversight, as a general rule. One remarkable exception would be the relatively small group of companies that voluntarily file with the Securities and Exchange Commission (SEC). Although not required to.....»»
Horse remains show Pagan-Christian trade networks supplied horses from overseas for the last horse sacrifices in Europe
Horses crossed the Baltic Sea in ships during the Late Viking Age and were sacrificed for funeral rituals, according to research from Cardiff University......»»
NASA to help with the launch of Europe’s unlucky Mars rover
Europe's unlucky Mars rover, known as Rosalind Franklin, has gotten a boost thanks to a new cooperation agreement with NASA......»»
Spiny legged 308-million-year-old arachnid discovered in the Mazon Creek locality
More than 300 million years ago, all sorts of arachnids crawled around the Carboniferous coal forests of North America and Europe. These included familiar ones we'd recognize, such as spiders, harvestmen and scorpions—as well as exotic animals that.....»»
Europe is uncertain whether its ambitious Mercury probe can reach the planet
"We are working hard on resolving these uncertainties." An artist's rendering of the BepiColombo mission, a joint ESA/JAXA project, which will take two spacecraft to the harsh environment of Mercury. (credit: ESA) This.....»»
Worker killed in blast at TSMC"s Arizona construction site
A worker has died after being caught in an explosion at the Arizona site where iPhone processor manufacturer TSMC is building a new plant — and has previously been accused of using dangerous construction methods.TSMC investing $40 billion in Arizon.....»»
One hedge fund completely bailed out of AAPL, but another more than picked up the slack
Prior to Apple stock's value recovery after a better than expected quarter, one hedge fund got rid of all of its holdings in the iPhone maker, and another went in big.Apple CEO Tim CookAccording to filings with the Securities and Exchange Commission.....»»
iOS 18 will let you set custom voice phrases to trigger actions, no ‘Siri’ necessary
Today amid a wealth of accessibility announcements, including hands-free CarPlay and the futuristic Live Captions on Vision Pro, Apple announced that iOS 18 would be introducing a powerful new voice feature. Vocal Shortcuts will enable system-wide ac.....»»
Connected cars’ illegal data collection and use now on FTC’s “radar”
The regulator is warning OEMs to respect data privacy or it will get mad. Enlarge (credit: Getty Images) The Federal Trade Commission's Office of Technology has issued a warning to automakers that sell connected cars. Co.....»»
Column: Toyota spent a bunch to build batteries. It could have spent more to make its own electricity
Toyota is spending $13.9 billion to build EV batteries in rural N.C. It should have spent more to add on-site solar, wind generation from the get-go......»»
Apple blocked $7 billion in fraud attempts on the App Store
Over a span of four years, Apple says that it has prevented over $7 billion in fraudulent transactions, blocked 375,000 apps on the App Store over privacy violations, and killed 3.3 million accounts for fraud attempts.Apple's stats on App Store prote.....»»
Volvo"s Q1 EV sales plunge: A momentary blip or a sign its 2030 plan is in jeopardy?
Volvo EV sales in the U.S. plummeted 65 percent in the first quarter. According to Cox Automotive estimates, it was the largest year-over-year percentage decline in the luxury segment......»»
Preventable loss: A billion birds die each year from window strikes
University of Cincinnati ornithologist Ron Canterbury displayed dozens of birds that died from striking glass windows in the city......»»
After Apple, EU goes after Microsoft and Booking.com (but not X, for now)
After Apple was required to make big changes in Europe to comply with the EU’s Digital Markets Act (DMA), Microsoft and Booking.com have also been ruled to be subject to the antitrust law … more….....»»
Subaru to team with Toyota on 3 new EV crossovers through 2026; net income soars
Subaru says it will lean on Toyota for next three all-electric crossovers and shift production of the best-selling Forester, including a new hybrid version, to the U.S. Meanwhile, annual net income nearly doubled to 385.1 billion yen ($2.55 billion)......»»
Extreme solar storms create gorgeous views of auroras across the planet
The sun has been unusually active this week, leading to stunning views of auroras across Europe and parts of the U.S. this weekend......»»
Weaker ocean currents lead to decline in nutrients for North Atlantic ocean life during prehistoric climate change
Researchers at Georgia Institute of Technology have finished investigating how the prehistoric weakening of a major ocean current led to a decline in ocean nutrients and negative impacts on North Atlantic ocean life. The results support predictions a.....»»