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Last updated: February 22nd, 2023 at 16:48 UTC+01:00 The Galaxy S23, S23+, and S23 Ultra are some of the most refined smartphones on the market and the result of a lot of research and development across different aspects of technology, from chemistry to semiconductors and recycling. Samsung R&D Institute Noida (SRI-N) contributed to the development of the Galaxy S23 series in a few ways, particularly around improving the user experience and safety features. Samsung revealed today that the SRI-N R&D Center in…

Britain to get robust and transparent regulations for crypto assets following the FTX collapse Following the collapse of cryptocurrency exchange FTX last year, which left millions of individuals nursing billions of dollars in losses, Britain’s finance minister intends “strong” controls for crypto assets. Currently, there is no worldwide regulation of cryptocurrencies; businesses are simply required to conduct checks to stop money laundering. As “black money” circulates across the industry, the Financial Conduct Authority…

The UK government has detailed "ambitious" plans to regulate the crypto industry, with proposals on stronger rules for trading platforms, crypto lending, new token issues and more. The goal, it says, is to protect consumers and businesses, while enabling "a new and exciting sector to safely flourish and grow," it wrote in a press release.  Last year saw the fall of FTX, Celsius and other crypto exchanges, along with wildly fluctuating prices for Bitcoin, Ethereum and other cryptocurrencies. As a result, critics in the UK…

Robust mobile and internet connectivity has helped India in a big way to expand financial inclusion, while a diverse network of banking correspondents and micro ATMs has ensured last mile reach, SBI Chairman Dinesh Kumar Khara said on Thursday. Speaking at a session on 'Financial inclusion beyond access' during the World Economic Forum Annual Meeting 2023 here, he also said a lot is being done in the country to spread financial and digital literacy to help people with their banking needs and to safeguard them from any…

Optical fibers have become the foundation of modern data transmission, used for everything from telecoms and internet services to governmental and space applications. This is because they’re capable of transmitting larger amounts of data at faster speeds and over longer distances, compared to other technologies. The structure of optical fibers, however, can occasionally lead to network failures, as any twisted or bent cables can hinder the information transfer. To address this issue,…

The labor market proved to be a resilient stabilizer in 2022 for a U.S. economy facing the highest inflation in four decades.With the Federal Reserve having raised interest rates at the fastest pace since the early 1980s to fight inflation, however, the economy has slowed, and effects of that are filtering into hiring and wages. The unemployment rate was 3.7% in November, according to the Labor Department, just above half-century lows matched earlier in 2022. Fed officials forecast the rate to rise to 4.6% in the fourth…

Tech layoffs are set to worsen early next year amid ongoing global macroeconomic conditions December Jobless-Claims Data: The last month of the year is often the second-highest month for job cuts. January is worse. Led by companies like Meta, Amazon, Twitter, Microsoft, Salesforce, and others, the tech layoffs are robust and set to worsen early next year amid ongoing global macroeconomic conditions. According to a MarketWatch report, tech layoffs are part of a strategy by firms to maintain viability through 2023 and…

Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane.Nicolas Economou | NurPhoto | Getty ImagesDelta Air Lines says the travel boom isn't over.The airline expects its adjusted earnings to nearly double to as much as $6 per share next year, above analysts' estimates. It forecast a 15% to 20% jump in revenue next year from this year, which is expected to bring in roughly $45.5 billion.related investing…

WeWork Inc. is trying to turn a profit before its once formidable cash reserves run out. The Federal Reserve’s efforts to fight inflation have made that harder.Recession fears and tech-industry job cuts are weighing on demand for co-working desks. Meanwhile, money-losing companies such as WeWork are squeezed by higher interest rates, which have made debt harder to come by and the promise of future profit less appealing to investors.  WeWork, saddled with expensive long-term leases and more…