Category:

Business

  • Business

    BP and other oil majors v utilities

    by Lily White

    Electric utilities are becoming power players in the energy industryINVESTOR WEBINARS are not generally mass entertainment. But some 25,000 people tuned in this month when BP outlined plans to transform its business. Top on the British oil-and-gas giant’s to-do list is raising its wind, solar and biopower capacity from 2.5 gigawatts (GW) last year to…

  • Business

    Can Nikola become the next Tesla?

    by Lily White

    Not if a suspicious short-seller has its wayONE WAY to try to emulate Tesla’s success is to name your firm after the same person. Nikola, founded in 2014 to make electric and hydrogen-powered lorries, is, like Elon Musk’s carmaker, named after Nikola Tesla, a Serbian-American pioneer of electricity. Nikola’s market value nudged $30bn after it…

  • Sony has released an official PS5 teardown. The video breaks down the console’s internal components and structure. The PS5 features an impressive array of quality of life and performance features. True to form, Sony today published, out of nowhere and with absolutely no forewarning whatsoever, the long-awaited teardown of the next-gen PS5. In a seven-minute…

  • The Houston Texans made the surprising but necessary decision to fire Bill O’Brien after the team’s 0-4 start.Romeo Crennell will finish the season as the interim head coach, but the team will not take off the interim tag when the season ends.With what the Texans are paying Deshaun Watson over the next four years, they…

  • The housing market is at risk of a severe crash after President Trump delayed stimulus talks until after the election.A study from Princeton and MIT researchers found that 30 to 40 million renters might be at risk of eviction.The lack of stimulus and a gloomy outlook for real estate leaves home prices vulnerable to a…

  • After three years of wild conspiracy theories, Facebook has finally announced that they’re banning QAnon from their platform. The ban also includes any Instagram accounts tied to the far-right conspiracy theory group. The effort is far too little and far too late. QAnon is being banned. After three years of wild — and almost comical…

  • Xbox marketing head Aaron Greenberg spoke with the Real Deal Xbox podcast about Microsoft’s next-gen game pricing plans. He describes the issue as ‘super complex,’ reiterating Microsoft’s ‘gamer first’ approach without sharing a firm stance on the matter. We can’t discount the gaming giant upping prices in the future. Xbox seemingly can’t make its mind…

  • The Dow Jones Industrial Average rose by as much as 330 points after the open. President Trump appears to have softened his stance on Covid-19 relief less than 24 hours after instructing representatives to cease negotiations with the Democrats until after the election. The president says he supports sending direct payments to Americans, extending the…

  • October 07, 2020 OpenAI stunned the world with the release of Generative Pre-trained Transformer 3 (GPT-3), the world’s most impressive language-generating AI. OpenAI CEO Sam Altman joins Azeem Azhar to reflect on the huge attention generated by GPT-3 and what it heralds for the future research and development toward the creation of a true artificial general intelligence…