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Rocket Lab (RKLB) Q4 2023 results: Contract backlog grows

An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023.Rocket LabRocket Lab is making steady progress on the development of its Neutron vehicle, as the company reported fourth-quarter results that saw its contract backlog soar above $1 billion.The space company reported a net loss of $50.5 million, or 10 cents per share, for the quarter. Year over year, Rocket Lab's fourth-quarter net loss widened by about 36% as the company continues to spend heavily to create its Neutron rocket. Its…

Top 10 Smart Contract Platform Coins Based on Market Cap

Exploring the champions: Top Smart Contract platform coins ranked by market Cap The advent of blockchain technology has heralded a new era of decentralized applications (DApps) and smart contracts, changing a variety of industries. At the forefront of this innovation are smart contract platform coins, which serve as the foundation for building and executing programmable contracts. 1. Ethereum (ETH): As the pioneering smart…

Amazon to pay $1.9 million to settle claims of human rights abuses of contract workers

Amazon will pay out $1.9 million to more than 700 migrant workers to settle claims of human rights abuses following exploitative labor contracts,  The impacted laborers were working at two of the company’s warehouses in Saudi Arabia.Amazon saying it hired a third-party labor rights expert to investigate warehouse conditions. The organization found numerous violations of Amazon’s supply chain standards, including “substandard living accommodations, contract and wage irregularities and delays in the resolution of worker…

Jimmy Kimmel Might Retire From Late-Night After Current Contract Ends

Jimmy Kimmel is back to pondering his retirement from late-night, telling the Los Angeles Times that he thinks his current Jimmy Kimmel Live contract “is my final contract.” “I hate to even say it, because everyone’s laughing at me now — each time I think that, and then it turns out to be not the case,” Kimmel said in a new interview. “I still have a little more than two years left on my contract, and that seems pretty good. That seems like enough.” As he acknowledged, Kimmel has openly vacillated between…

Samsung wins big chip contract from an undisclosed AI company

Samsung views AI chips as a major driver of future growth. The company is focusing on expanding its production capabilities of these advanced chipsets to gain a leadership position in this segment. To that end, the company has signed a big contract with a disclosed AI company to develop an AI chip on its next-generation 2nm node. Most semiconductor foundries are currently focusing on ramping up 3nm production with an eye on securing contracts for the 2nm node. Samsung has secured an early win against its major rivals,…

Bitcoin Mining without Mining Equipment, Simple Miner enables Secure Contract Transactions

The current cryptocurrency mining market suffers from many problems, including usability complexity for miners, environmental concerns, security and fraud risks, and reliability and performance issues. Most notably, there are also limitations in geographical coverage and service quality, and the need for a comprehensive solution has long been felt. Luckily, Simple Miner, a relatively new endeavor, has poised itself to enhance the user experience, environmental sustainability, security, and global reach of the…

Universal Music Group Axes Songs From TikTok as Contract Dispute Heats Up

A day after Universal Music Group threatened to stop licensing its music to TikTok amid a breakdown in deal negotiations, songs from UMG‘s unparalleled stable of artists have started to get removed from the social media platform late Wednesday. The removals started gradually late Wednesday evening; The official versions of UMG-owned recordings like Taylor Swift‘s “Cruel Summer,” Olivia Rodrigo‘s “Get Him Back,” and Lana Del Rey’s “Let the Light In” are no longer appearing in search results, while some videos…

Colorado Supreme Court throws out Adams County noise case against DIA

The Colorado Supreme Court on Monday dismissed an aircraft noise violations case against Denver International Airport that had prompted a lower court to award $33.5 million to Adams County and other plaintiffs. The high court concluded that Adams County’s 2018 lawsuit against DIA was filed 20 years too late. The county and other participating communities, including Aurora, alleged that the airport had been underestimating its noise impacts on surrounding communities for years by using a method that violated an…

Rivals in the Smart Contract Space

Beyond Ethereum: Navigating the Smart Contract Frontier with Blockchain Competitors While Ethereum stands as a pioneer in the world of smart contracts, a myriad of competitors has entered the arena, vying for a place in the decentralized future. This article explores Ethereum competitors in the smart contract space, dissecting their unique features, advantages, and potential impact on the evolving landscape of blockchain technology. Smart Contracts and the Ethereum Revolution: Begin by revisiting the role of…

tcs oxford university contract: TCS iON loses Oxford University contract

The University of Oxford has ended its deal with Tata Consultancy Services iON citing “technical problems”, less than a year after hiring it to deliver a share of the university's admission tests.“Following the technical problems experienced by some candidates during the delivery of this year’s online admissions tests by a new provider, TCS will not be involved in the delivery of Oxford admissions tests going forward,” spokespersons for the university said in an emailed statement emailed to ET.Elevate Your Tech Prowess…