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WWW.FASTCOMPANY.COMRumble stock price soars to fresh highs after Tether invests in the YouTube alternativeTraders look like theyre ready to rumble today.Rumble, the YouTube alternative video-streaming platform that has become popular in right-wing circles, said on Friday that it has secured a $775 million investment from cryptocurrency company Tether. Following the news, Rumble Inc. shares (NASDAQ: RUM) skyrocketed up almost 94% as of 11 a.m. ET on Monday, inching near $14. The stock had previously peaked at $14.37 per share way back in February 2022, but it has fallen since then. Todays gains mark a fresh high point for the stock.Tethers investment will see it purchase more than 103 million shares at $7.50. Rumble said it will use $250 million to support the platforms growth and the rest to fund a self-tender offer for 70 million Class A shares.I could not be more excited about this collaboration with Tether, said Chris Pavlovski, Rumbles chairman and CEO, in a statement. I truly believe Tether is the perfect partner that can put a rocket pack on the back of Rumble as we prepare for our next phase of growth.Additionally, Paolo Ardoino, Tethers CEO, said that the investment represents a meshing of the two companies shared interests. Tethers investment in Rumble reflects our shared values of decentralization, independence, transparency, and the fundamental right to free expression, Ardoino said in statement. In todays world, legacy media has increasingly eroded trust, creating an opportunity for platforms like Rumble to offer a credible, uncensored alternative.Rumble stock has struggled since its debutDespite having been founded more than a decade ago, Rumble has only gained traction over the past few years. Its become a haven for content creators focused on topics such as conspiracy theories about vaccines and the 2020 election, and some of its most-watched channels include those hosted by Dan Bongino, Steve Bannon, and Steven Crowderall conservative-minded creators.Pavlovski has argued that the sites makeup is more politically diverse than is generally reported, and last year he shared data indicating that independents and people with no party affiliation made up its largest share of users.Rumble went public via a SPAC (special purpose acquisition company) merger in 2022, but its stock has failed to gain traction since, trading under $10 a share for most of the past two years. It will be interesting to see if Fridays news changes the stocks fortunes over the long term.0 Commenti 0 condivisioni 126 Views
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WWW.FASTCOMPANY.COMHow digital transformation is reshaping energy systemsA balanced planet requires more energy with less carbon. The energy transition to a lower carbon future is arguably the largest and most significant challenge ever contemplated or attempted in the history of our planet. Achieving a balanced planet means our current energy mix must evolve to include more lower- and zero-carbon forms of energy, such as geothermal and hydrogen. Hydrocarbons, however, will still play a critical role for decades to support a secure energy mix, so it is imperative that the industrys operations decarbonize rapidly.Digital technology is key to ensuring the reliability and sustainability of todays energy systems and creating and scaling the energy systems of tomorrow.Today, the adoption of digital technologies is making a material impact on the oil and gas industry. It is improving efficiency, reducing cycle times from exploration to production, and increasing productivity while lowering costs, reducing risks, minimizing the footprint of operations, and lowering greenhouse gas emissions.Whats driving the impact?Three key technologies are driving this impactthe cloud, edge, and artificial intelligence (AI).The cloud represents a genuine technology and business paradigm shift. It enables near-limitless computing power to be applied to the complex modeling and simulation processes essential in understanding the earths subsurface, collapsing cycle times in field development processes from months to days. Further, the cloud enables data to come together from all corners of an operators business, connecting planning to operations, the subsurface to the surface infrastructure, and experts to data they can trust.Edge computing promises new levels of system connectedness, paving the way for closed-loop decisions and advanced automation and autonomy. Wells, as just one example, are a key component of the oil and gas value chain and remain the primary way of accessing and extracting oil and gas. From well construction to production operations right through the life of a well, digital operations are fundamentally reshaping how the industry works. Autonomous drilling of entire well sections is now a reality thanks to AI and edge computing and advanced digital workflows. This is resulting in more consistent and efficient drilling and faster well delivery, while reducing costs and carbon emissions, not to mention improved safety.AI can make sense of the data coming from huge and scattered information sources much better and faster than humans can do using conventional approaches. SLB in partnership with Geminus AI recently delivered a hybrid AI application that uses data-based and physics-based approaches to optimize economic performance while reducing carbon emissions at a natural gas plant. The application has the capability to evaluate 20,000 complex scenarios in under a tenth of a second, enabling operators to interactively explore the impact of changing process settings on the plants carbon footprint and yield. Generative AI promises to transform again the way we interact with technology.The future of energy systemsAs digital technologies lower the carbon intensity of oil and gas operations, they are also paving the way for the new energy systems of tomorrow. The Intergovernmental Panel on Climate Change and International Energy Agency agree that net zero will be difficult to achieve without carbon capture, utilization and storage, an innovative technological approach to reducing carbon dioxide emissions from power plants and industrial facilities. Digital technologies are critical for planning and operating these systems. Optimized digital twins that can accurately predict and simulate the behavior of these reservoirs would enable cost-effective and rapid scale up, ensuring both safety and performance over the life of these projects.Many of the lessons learned in the digital transformation of the oil and gas industry are applicable to new energy sectors like wind, solar, and hydrogen as they continue to grow and become a larger part of the energy mix.In both oil and gas and new energy systems, the impact of digital transformation will increasingly intensify. Only 20% of SLBs oil and gas customers, for example, have started their transition to the cloud. Automation and autonomous operations have only scratched the surface (and subsurface). As with other sectors, the energy industry is just now beginning to tap the transformational potential of AI and generative AI. From digitally connected solutions that reduce personnel footprint in the field or make operations more efficient to measuring, reporting and taking prescriptive actions that reduce or eliminate emissions, digital and AI will play a massive role in ensuring the sustainability of todays and tomorrows energy systems.Rakesh Jaggi is president of Digital & Integration at SLB.0 Commenti 0 condivisioni 124 Views
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WWW.FASTCOMPANY.COMIRS is sending some taxpayers up to $1,400. Heres what to knowApproximately one million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible peoples bank accounts or sent in the mail by a paper check.The IRS said its distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit. But the IRS on Friday said it discovered many eligible taxpayers hadnt done so.Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit when they were actually eligible, IRS Commissioner Danny Werfel said in a statement.Heres more about the unexpected cash this group of taxpayers will soon receive:Whats the likelihood Ill receive a check?Sorry, its probably pretty low. The IRS said most taxpayers eligible for the federal stimulus payments, formally known as Economic Impact Payments, have already received them.The special payments announced by the IRS are being sent to those taxpayers who filed a 2021 tax return but left the data field for the Recovery Rebate Credit blank or they filled it out as $0 when they were actually eligible for the credit.How will this work?Eligible taxpayers dont have to take any action. The payments will go out automatically this month and should arrive by direct deposit or check by late January 2025. Theyll be sent to the bank account listed on the taxpayers 2023 return or to the address IRS has on file.Payments will vary but the maximum amount will be $1,400 per individual. The IRS has posted information online about eligibility and how the payment was calculated.IRS plans to send separate letters to eligible taxpayers notifying them of the special payment.What if I havent filed my 2021 tax return yet?You still might be able to receive the money. However, taxpayers need to file a tax return and claim the Recovery Rebate Credit by the April 15, 2025 deadline, even if any income from a job, business, or other source was minimal or nonexistent, according to the IRS.How many rounds of COVID stimulus payments were there?There were three rounds of payments to households impacted by the pandemic, totaling $814 billion. IRS based the amounts that taxpayers received on their income, tax filing status, and number of children or qualifying dependents.In March 2020, eligible individuals received up to $1,200 per income tax filer and $500 per child under the CARES Act. In December 2020, eligible individuals received up to $600 per income tax filer and $600 per child under the Consolidated Appropriations Act. In March 2021, eligible individuals received up to $1,400 per income tax filer and $1,400 per child under the American Rescue Plan Act.Susan Haigh, Associated Press0 Commenti 0 condivisioni 118 Views
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WWW.YANKODESIGN.COMThis Tiny Home Accommodates A Cozy Living Space On One Level With More Than One BathroomCalled the Olivia Summit, this tiny house is designed by Tiny Mountain Houses and it features a length of 42 feet. It is on the larger side for a North American tiny home and is based on a triple-axle trailer. It is finished in concrete fiber lap siding and topped off with a standing seam metal roof. It has a spacious layout arranged on one floor, featuring two bedrooms and two bathrooms, so there is no dearth of bathrooms.Designer: Tiny Mountain HousesAs you enter the home, you are welcomed by a living room. The living room is quite spacious with an L-shaped sofa, an electric fireplace, and a wall-mounted TV. A generous glazing is seen throughout this space, allowing natural light to stream in. The kitchen includes a curved breakfast bar that seats four, an oven with a four-burner propane-powered stove, a dishwasher, a fridge/freezer, a microwave, plus a combined washer/dryer. Quartz countertops are also included with a steel sink and lots of cabinetry and storage areas.The main bathroom is located next to the kitchen, and it can be accessed through a pocket door. The bathroom includes a shower, a small vanity sink, a flushing toilet, and some storage space. The home contains two bedrooms, the master bedroom is adjacent to the kitchen and bathroom. It has plenty of headroom to stand upright, and it hosts a double bed, a wall-mounted TV, and some storage space.The opposite side of the house holds the secondary bedroom. This has a lot of headroom as well, bunk beds, and an en-suite bathroom. The bathroom features a shower, vanity sink, flushing toilet, and more storage space. The tiny home is powered by a standard RV-style hookup and is currently priced at US$140,745. It also includesthree mini-split air-conditioners, plus ceiling fans, to maintain a comfy temperature.The post This Tiny Home Accommodates A Cozy Living Space On One Level With More Than One Bathroom first appeared on Yanko Design.0 Commenti 0 condivisioni 81 Views
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WWW.WIRED.COMHow Google Maps Makes It Harder for Palestinians to Navigate the West BankOne user told WIRED that Google Maps directed them to drive right into a wall thats been up since 2003.0 Commenti 0 condivisioni 98 Views
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WWW.WIRED.COMThe Best TV Shows You Missed in 2024Diarra from Detroit, The Pradeeps of Pittsburghthese are the shows you might not have watched in 2024, but definitely still should.0 Commenti 0 condivisioni 100 Views
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WWW.WIRED.COMThis Was the Year Elon Musk Took Over PoliticsThe American public elected Donald Trump to run the federal government. His erratic patron seems to think the job is also his.0 Commenti 0 condivisioni 105 Views
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APPLEINSIDER.COMiPhone 18 Pro expected to have a variable aperture camera systemApple's rumored iPhone 18 Pro camera update has surfaced again, with the use of a variable aperture wide-angle lens expected to offer improved depth of field effects in photography.The rear cameras of a Pro-tier iPhoneThe iPhone 17 was rumored in July to gain a variable aperture system, which can change the way photographers use an iPhone for shooting images. Now, an analyst has doubled down on his own claim that it is a feature expected for the iPhone 18 Pro.In a Monday post by TF Securities analyst Ming-Chi Kuo covering multiple Apple rumors, Kuo slips in a small element about the iPhone 18 Pro. It is declared that the iPhone 18 Pro's wide camera will be upgraded to use a variable aperture in 2026. Rumor Score: Possible Continue Reading on AppleInsider | Discuss on our Forums0 Commenti 0 condivisioni 128 Views
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APPLEINSIDER.COMThe best app to convert video to MP4 and compress 4K video on MacVideoProc Converter lets you convert videos to MP4, MOV and other universally supported formats that work seamlessly across Apple and Windows devices.Easily convert videos, audio files and DVDs with Video Proc Converter - Image credit: DigiartyFor Mac users, dealing with unsupported video formats or oversized files can be frustrating. File types like WMV, AVI, or MKV may not play natively on macOS, while large 4K or 8K ProRes videos often cause stuttering playback or make sharing and uploading difficult.The solution? For compatibility issues, convert your video to MP4, MOV, or any other universally supported format that works seamlessly across Macs, smartphones, PCs and smart TVs. MP4 is also perfect for streaming and sharing on YouTube, Facebook and Vimeo. Continue Reading on AppleInsider0 Commenti 0 condivisioni 123 Views