Popular website builder Wix has begun implementing cost reduction measures in a bid to achieve $150 million in annualized savings. With effects of high inflation materializing and a potential recession on the horizon, Wix says in its Q2 financial report that these savings are not one-time in nature and will continue to be realized on…
Monthly Archives: August 2022
Perseverance spotted a tangled mess on July 12, 2022, that is likely debris left over from its arrival on Mars. NASA/JPL-Caltech NASA says a spaghetti-like tangle spotted by the Perseverance rover on July 12 is likely space litter. The rover landed on Mars on in February 2021 to search for signs of ancient life. Studying…
Getty Images Ether jumped 11% Thursday after the blockchain ran a final test before pivoting to a proof-of-stake protocol. The so-called Ethereum merge is expected to take place sometime next month. A specific date for the network’s update will be decided at a developer meeting Thursday. Ether was higher Thursday after the Ethereum network ran…
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Students from George Washington University wear their graduation gowns outside of the White House in Washington, DC, on May 18, 2022 Stefani Reynolds / AFP) When a school shuts down, student-loan borrowers are often entitled to debt forgiveness. But a new GAO report found issues with communicating that relief to borrowers. For example, notices of…
USS Enterprise sailing to Newport News Shipbuilding on its last voyage, March 17, 2017. Huntington Ingalls Industries/John Whalen The keel of new US aircraft carrier Enterprise was laid in April and the ship is at least 15% complete. Enterprise is the third Ford-class carrier and is being built alongside the second-in-class Kennedy. The Ford-class program…
The Russian-flagged oil tanker Pegas is pictured at a port in Marmara Ereglisi, western Turkey January 16, 2022. REUTERS/Yoruk Isik Shipping costs for US oil going to Europe have hit levels not seen since the start of the pandemic, Bloomberg data shows. Daily earnings for mid-size tankers have surged by nearly 12 times this year. …
Drew Philp in Berlin. Drew Philp Drew Philp moved from Detroit to Berlin in 2021 when COVID-19 travel restrictions were lifted. Philp, a freelance writer, found a cheap apartment and a more forgiving work-life balance. Here’s what getting accommodation and a visa involved — and why he’s happier there. A few days after Germany lifted…
Merely a day after Samsung’s Galaxy Z Fold 4 launch, Xiaomi was quick to follow with a surprising punch. The Mix Fold 2 is the Chinese brand’s second foldable phone, featuring a surprising thickness of just 5.4mm when opened — barely enough to house a USB-C port — and 11.2mm thick when folded. While Huawei’s…
We’re living in an age of micromobility, where city dwellers are given more options to get around than ever before. Bike-sharing schemes, which quickly swelled to include e-scooters, are big deals in major areas where the commuting distances are just that bit too long to walk. But scooters have yet to achieve the same legitimacy…