Monthly Archives: August 2022

European gas prices drop as US production boost eases pressure of tighter Russian supplies

The Lichterfelde gas-fired power plant in Berlin, Germany. Michael Sohn / AP European gas prices dipped for the second consecutive day ahead of a potential US production boost.  Benchmark futures dropped as much as 4.6%, according to Bloomberg data.  Russia’s gas shutoffs to Europe have pushed prices higher over recent months.  European natural gas prices…

Wall Street is making big bets that the Fed will cut interest rates next year and boost stocks — they could be in for a rude awakening

Brendan McDermid/Reuters Wall Street and the Fed are at an impasse, and the solution will almost surely hurt investors. Stocks recently surged on hopes that the central bank will start cutting rates in 2023. But Fed officials have clarified that the hiking cycle is far from over. Wall Street and the Federal Reserve are once…

Crab-inspired artificial vision system works on land and underwater

There had been many previous attempts to develop cameras that mimic the eyes of insects, fish and other living creatures. However, development of artificial vision systems that can see both underwater and on land has apparently been pretty limited. Further, biomimetic cameras are usually restricted by their 180-degree field-of-view. Now, a team of scientists from…

Canon EOS R7 review: A strong start for RF-mount crop sensor cameras

Canon launched the EOS R7 and R10 APS-C RF-S mount cameras earlier this year, finally introducing lens compatibility between crop-sensor and full-frame mirrorless cameras. That puts the future of its current APS-C EOS-M line in doubt, however. Today’s review is all about the higher-end $1,500, 32-megapixel EOS R7. At that price, it goes up against…

Tencent seeks to become single-largest Ubisoft shareholder – report

Tencent is trying to become Ubisoft’s single-largest shareholder – overtaking that of the company’s founding Guillemot family. That’s according to a new Reuters report, which cites a number of sources close to the company with knowledge of ongoing discussions. Tencent already owns around five percent of Ubisoft (alongside chunks of dozens of other video game…