Tech giants are no strangers to hefty fines for various offenses, including price fixing, anticompetitive behavior, and data misuse. However, these fines often go unpaid for years, raising concerns about their effectiveness as a deterrent. Companies like Meta (formerly Facebook), TikTok, Amazon, Google, and Apple have all accumulated significant fines without immediate consequences. This article
Technology
In recent years, ransomware attacks have become increasingly prevalent, with cybercriminals exploiting vulnerabilities in computer systems to gain unauthorized access and hold sensitive data hostage. LockBit, a malicious software that encrypts files and blocks access to computer systems until a ransom is paid, has emerged as one of the prominent players in this landscape. This
Dam management plays a crucial role in water management, particularly in regions like Korea that face seasonal fluctuations in precipitation. However, the increasing unpredictability of extreme weather events due to the global climate crisis poses significant challenges for dam operators. One incident in August 2020 highlighted the dire consequences of inadequate dam management, resulting in
The use of lithium metal as the anode for batteries offers a promising solution to enhance energy density in comparison to other materials. However, the interface between the electrode and electrolyte presents several challenges that undermine the safety and functionality of lithium metal batteries. Researchers have directed their efforts towards replacing the graphite anode with
As the world grapples with the urgent need to reduce greenhouse gas emissions and find sustainable transportation solutions, researchers from the University of Houston have shed light on the potential of hydrogen fuel as a cost-competitive and environmentally friendly alternative to traditional liquid fuels. In their white paper titled “Competitive Pricing of Hydrogen as an
Cryptocurrency exchanges have been making headlines lately, and not for the right reasons. The recent collapse of FTX, once valued at a staggering $32 billion, highlights the dire need for better solvency assessment methods in this rapidly evolving industry. Sam Bankman-Fried, the founder of FTX, was recently found guilty of money laundering and fraud, among
Following a crippling cyberattack, major ports that handle 40 percent of Australia’s freight trade have reopened, according to DP World, the operator. The attack, which was detected on Friday, prompted DP World to cut its systems from the internet, causing significant disruptions in Sydney, Melbourne, Brisbane, and Fremantle ports. However, the company announced that operations
China’s annual “Singles Day” sales extravaganza, conceived by tech giant Alibaba in 2009, has grown into a colossal retail event. Last year, sales for Singles Day reached a staggering 1.1 trillion yuan ($153 billion). However, despite the flashy deals and discounts, consumers this year seem unswayed as the world’s second-largest economy slows down. According to
Deep neural networks (DNNs) have emerged as powerful tools in data analysis. Computer scientists have leveraged these networks to analyze chemical data and identify promising chemicals for various applications. Researchers at the renowned Massachusetts Institute of Technology (MIT) recently conducted a study to investigate the neural scaling behavior of large DNN-based models used for generating
In a bold move to solidify its position as the world’s largest smartphone maker, Samsung Electronics has announced its plan to introduce a real-time translation service on calls using AI technology. This groundbreaking feature will be incorporated into Samsung’s new Galaxy flagship model, set to launch early next year. With Apple trailing behind as the