Business News

Building energy efficiency: Enhancing HVAC fault detection with transformer and transfer learning
2024-03-28 23:34:11
Heating, ventilation, and air conditioning (HVAC) systems, a critical component of building energy consumption, are prone to faults that can reduce their efficiency. Traditional data-driven fault detection and diagnosis (FDD) models often suffer from limited generalizability, making their application across diverse systems challenging.
Digital Game Sales Continue Killing Off GameStop, Analyst Says
2024-03-28 19:36:50
The company cut an unspecified number staff as a result of declining physical game sales
Embracer Sells Borderlands Maker Gearbox For Less Than Half Of What It Paid [Updated]
2024-03-28 19:36:30
Take-Two will acquire the developer for a cool $460 million
Following Baldur's Gate 3, WotC And Hasbro Are Investing $1 Billion In Their AAA Game Ecosystem
2024-03-28 19:36:11
As my friend group's forever DM, I'd love to have more D&D games so that I can actually be a player sometimes.
No Rest For The Wicked Developer Moon Studios On Why Remote Development Is Key To Its Success
2024-03-28 19:36:07
Started in 2009, Moon Studios has been a remote studio since its beginning.
Sega sells Company of Heroes dev Relic Entertainment & cuts 240 jobs
2024-03-28 19:35:56
The layoffs affected employees across Sega Europe, Creative Assembly, and Sega HARDlight.
FTX founder Sam Bankman-Fried sentenced to 25 years in prison for fraud
2024-03-28 19:28:42
Bankman-Fried presided over the collapse of FTX, and was implicated in witness tampering following the start of his criminal case in 2022.
Smart utility meters drive down manufacturing costs—if managers use them
2024-03-28 18:38:08
A new study of the extent to which "smart utility meters" can improve energy efficiency in manufacturing finds that the willingness of managers actually to make use of the technology is a key driver in reducing energy consumption and related costs.
China's competitive car market at heart of global EV revolution
2024-03-28 18:38:08
China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as Xiaomi, which launched its first EV on Thursday.
Responsible AI: Three tools to help businesses
2024-03-28 18:38:08
Artificial Intelligence (AI) is one of the most powerful tools developed in recent decades. And, as the saying goes, with great power comes great responsibility.
The Bankman-Fried verdict, explained
2024-03-28 18:38:07
Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world's second most popular place to trade digital currency. It collapsed almost as quickly. By the fall of 2022, it was bankrupt.
A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX
2024-03-28 18:38:07
Sam Bankman-Fried went from cryptocurrency golden boy to the face of the industry's collapse. The founder and former CEO of the massive cryptocurrency exchange FTX was sentenced to 25 years in prison Thursday after being convicted of fraud for stealing at least $10 billion from customers and investors. The collapse of one of the largest crypto exchanges in the world shook the digital currency world and sent prices plunging.
'Operation Beethoven': Dutch 2.5bn-euro charm offensive to keep ASML
2024-03-28 18:04:05
The Dutch government on Thursday unveiled a plan worth 2.5 billion euros to retain global firms like chip giant ASML amid fears of a far-right clampdown on immigration.
Amazon bets $150 billion on data centers required for AI boom
2024-03-28 18:04:05
Amazon.com Inc. plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications and other digital services.
Fallen crypto tycoon Bankman-Fried gets 25-year sentence
2024-03-28 18:04:05
Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday following his conviction in one of the biggest financial fraud cases in history.
Power up: PG&E says electricity plan can boost Silicon Valley innovation and economy
2024-03-28 18:04:05
PG&E is pushing forward with quests to help bolster Silicon Valley's economy and innovation future, including major South Bay and East Bay electricity projects, utility officials have said.
A quarter of YouTube’s paid creators are earning money with Shorts
2024-03-28 15:30:53
YouTube’s plan to lure more shortform creators is paying off.
Volkswagen, BYD supplier Horizon Robotics files for Hong Kong IPO · TechNode
2024-03-28 15:28:28
China’s Horizon Robotics, a provider of in-car technologies to major automakers like Volkswagen and BYD, has filed to sell an undisclosed amount of shares
Alibaba withdraws Cainiao IPO, plans to purchase remaining stake for up to $3.75 billion · TechNode
2024-03-28 15:28:13
Alibaba announced on Tuesday that it is canceling the planned Hong Kong IPO for its logistic arm Cainiao in an unexpected move, with chairman Joe Tsai
Chinese EVs to grab 11% market share in Europe in 2024: NGO · TechNode
2024-03-28 15:27:58
Chinese automakers could increase their combined share of the electric vehicle market in Europe to 11% in 2024 from 7.9% last year, with that number set

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