Coldfusion

A year of reckoning

A year of reckoning

In 2019 nobody knew what was in store. But in the subsequent mayhem, all the tech companies made hay while the lockdown sun shined. Everyone had to upgrade and buy new tech solutions and Big Tech saw record profits and record valuations during 2020-21. While a good number of companies were facing losses and shutdowns, tech boomed. 2022 saw course correction with that initial demand coming down and such growth becoming unsustainable. Profits shrunk (though they are still there), demand went down, and valuations crashed. While valuations going down by 10-20% do happen, what about 50%+? Just ask Tesla and Meta. The layoffs were inevitable and even those figures broke records. The India IT services had problems of a different kind. The growth story that began in the 2000s… Source link

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How OneCoin’s ‘Cryptoqueen’ Scammed Investors Out of $4 Billion

How OneCoin’s ‘Cryptoqueen’ Scammed Investors Out of $4 Billion

CNN remembers how in 2016 Ruja Ignatova “touted her company, OneCoin, as a lucrative rival to Bitcoin in the growing cryptocurrency market.” As OneCoin’s co-founder, Ignatova told one audience in 2016 that “In two years, nobody will speak about Bitcoin anymore. “Sixteen months later, Ignatova boarded a plane in Sofia, Bulgaria, and vanished. She hasn’t been seen since.” Authorities say OneCoin was a pyramid scheme that defrauded people out of more than $4 billion as Ignatova convinced investors in the US and around the globe to throw fistfuls of cash at her company. Federal prosecutors describe OneCoin as one of the largest international fraud schemes ever perpetrated. She is now one of the FBI’s 10 most-wanted fugitives, alongside accused gang leaders and murderers,… Source link

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The Times Saturday Quiz: January 21, 2023 | Register – The Times

The Times Saturday Quiz: January 21, 2023 | Register – The Times

1 What three-letter word describes a shallow layer of cloud at or near ground level? 2 Which alcoholic drink is a traditional symbol of the blood shed by Christ? 3 In 1956, which tea brand began using the “Tipps family” of anthropomorphic chimpanzees in their TV ads? 4 Myocarditis is inflammation of the muscle of which organ? 5 Which unit, used to measure sound intensity, is abbreviated “dB”? 6 Maia (Bowness-on-Solway), Banna (Birdoswald) and Aesica (Great Chesters) were forts on which Roman wall? 7 In a story by Washington Irving, which Dutch-American farmer sleeps in the Catskill Mountains for 20 years? 8 In 2003, which North African country formally accepted responsibility for the Lockerbie bombing? 9 Which South American country’s capital city is named after Source link

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Schwab: Good morning, class; welcome to Hypocrisy 101

Schwab: Good morning, class; welcome to Hypocrisy 101

By Sid Schwab / Herald columnist President Biden’s documents thing is maddening, disappointing, frustrating. The obverse is that, for people as-yet unacquainted with the hypocrisy of Republican electeds and their media mouths, it provides an enlightening introductory course: Hypocrisy 101. The best that can be said about Biden’s situation is that it was careless. Unlike Trump’s, however, there’s no evidence (so far) of criminal intent, the critical criterion for prosecution. In fact, we only know about it because upon discovery, Biden did everything the law demands. Trump, by contrast, denied, lied, refused, excused, ignored and stored; forcing FBIntervention. But those differences don’t matter to the McCarthyite hostage-takers of Congress, who are in strategic,… Source link

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Utah’s Cold Fusion Moment

Utah’s Cold Fusion Moment

U of U chemists Martin Fleischmann and Stanley Pons told the world they had “established a sustained nuclear fusion reaction” at room temperature. If true, not only would this be a clean source of energy, but an answer to climate problems. The trouble is, no other scientists could re-create the experiment and Fleischmann and Pons were soon written off as junk scientists. This Friday at 11 a.m., we’ll talk about that moment in Utah history. GUESTS: Rod Decker is a retired news reporter for KUTV-2.   Clayton Brown is a co-director and co-producer for the film “The Believers” and an Associate Professor of Communications at Northwestern University.  Monica Long Ross is a co-director and co-producer for the film “The Believers” You can… Source link

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Luxury British fragrance company Aluxury launches sustainable, waterless diffuser for the home

Luxury British fragrance company Aluxury launches sustainable, waterless diffuser for the home

SOUTHAMPTON, England, Jan. 19, 2023 /PRNewswire/ — A British home fragrance brand, Aluxury has added a sustainable, waterless diffuser to its collection, to help transform even more homes around the country into a soothing oasis. Aluxury is a brand focused on delivering eco-friendly fragrance and homeware products to the UK. One of its newest products, the Nebula diffuser is designed to luxuriously infuse homes, offices and vehicles across the country with long-lasting scents. The Aluxury Nebula waterless oil diffuser. Using waterless, cold fusion technology, the Nebule Diffuser has been created to instantly infuse spaces with a fragrance of the customer’s choice. Unlike other regular diffusers, the diffuser uses specialist technology to convert essential oil into… Source link

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Luxury British fragrance company Aluxury launches sustainable, waterless diffuser for the home

Luxury British fragrance company Aluxury launches sustainable, waterless diffuser for the home

SOUTHAMPTON, England, Jan. 19, 2023 /PRNewswire/ — A British home fragrance brand, Aluxury has added a sustainable, waterless diffuser to its collection, to help transform even more homes around the country into a soothing oasis. The Aluxury Nebula waterless oil diffuser. Aluxury is a brand focused on delivering eco-friendly fragrance and homeware products to the UK. One of its newest products, the Nebula diffuser is designed to luxuriously infuse homes, offices and vehicles across the country with long-lasting scents. Using waterless, cold fusion technology, the Nebule Diffuser has been created to instantly infuse spaces with a fragrance of the customer’s choice. Unlike other regular diffusers, the diffuser uses specialist technology to convert essential oil into a finely scented mist… Source link

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Renewable ammonia: the future of fuels?

Renewable ammonia: the future of fuels?

Half a decade or so ago, it seemed that the time had arrived for the hydrogen economy. But when the engineers of the world began to consider the details of using vast supplies of renewables to generate hydrogen in quantities that have never been produced previously and moving it safely around the world, they saw a daunting prospect, for a variety of reasons. These included difficulties in using existing bulk carriers and pipelines for hydrogen transportation as well as the safety aspects of the need to store large amounts of hydrogen in transport hubs. The research community then began to cast around for alternatives, compounds that could carry hydrogen but were safer and more straightforward to transport in large quantities over great distances. Ammonia rapidly emerged as a leading… Source link

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