The 400 wealthiest people in America are poorer this year. Tech tycoons have taken the brunt of the beating. A year ago, America’s technology billionaires were soaring, with markets near all-time highs and VCs pumping big money into startups. What a difference a year makes. Stock prices have dropped and inflation surged, making the members…
Share to FacebookShare to TwitterShare to LinkedinTopline Oil prices continued to plummet on Monday, plunging to their lowest levels since January and continuing weeks of decline as fears of a looming global recession mount, inflation rates remain historically high and the strong performance of the U.S. dollar dampens demand. Crude oil prices hit their lowest…
Share to FacebookShare to TwitterShare to LinkedinTopline Nearly a week after Iran’s internet went dark amid widespread—and deadly—anti-government protests in the wake of 22-year-old Mahsa Amini’s death in police custody, Elon Musk’s Starlink satellite service may be able to begin providing internet access after U.S. officials lowered key technology sanctions. Elon Musk’s Starlink is set…
Share to FacebookShare to TwitterShare to LinkedinGaladriel bears no resemblance to any version of Tolkien’s elven lady. Neither does ‘The Rings Of … [+] Power’ to his body of work or ‘The Lord Of The Rings.’ Credit: Amazon If someone were to adapt J.R.R. Tolkien’s The Lord Of The Rings trilogy in the same manner…
Illustration by Philip Smith for Forbes Helium was touted as the best real-world use case of Web3 technology. But as it struggles to generate revenue, a Forbes investigation found that executives and their friends quietly hoarded the majority of wealth at the project’s inception. By Sarah Emerson, David Jeans, & Phoebe Liu Even for someone…
Share to FacebookShare to TwitterShare to LinkedinTopline A Malaysian contractor known as “Fat Leonard”, who conned the U.S. military out of tens of millions of dollars and sat at the center of a sprawling corruption scheme, has been arrested in Venezuela after fleeing house arrest earlier this month, officials announced, the latest chapter in one…
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Share to FacebookShare to TwitterShare to LinkedinTopline Drinking four or more cups of tea could reduce the risk of developing type-2 diabetes, researchers at Wuhan University of Science and Technology found in a new study released Saturday, as researchers continue to analyze the potential health benefits of tea and coffee. Four or more cups of…
Share to FacebookShare to TwitterShare to Linkedin”Is AI Coming For Commercial Art?” rendered by Stable Diffusion, prompted by Rob Salkowitz Rob Salkowitz Earlier this summer, a piece generated by an AI text-to-image application won a prize in a state fair art competition, prying open a Pandora’s Box of issues about the encroachment of technology into…
Share to FacebookShare to TwitterShare to LinkedinDENVER, CO – FEBRUARY 18: Ethereum co-founder Vitalik Buterin speaks at ETHDenver on February 18, 2022 in Denver, Colorado. (Photo by Michael Ciaglo/Getty Images) Getty Images Six years in the making, the most sophisticated upgrade in crypto’s history is complete. At 6:42 A.M. Coordinated Universal Time (2:42 A.M. EDT),…
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