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Archive for the ‘economics’ category: Page 50

Oct 19, 2022

As turbulence ramps up, Xsolla solutions unlock new strategies for game developers

Posted by in categories: business, climatology, economics, entertainment

This GB Live News is in partnership with VB Lab funded by Xsolla.

Video games have always been resilient, even in an increasingly volatile geopolitical climate. Long-time game players are fiercely loyal, and enthusiastic new gamers keep pouring into the market, says Chris Hewish, president of Xsolla. In the first half of 2022 alone, more than 651 deals were announced or closed, for a value of $107 billion. But in a fiercely competitive market, clouded by less economic certainy, studios and indie developers are exploring an increasing number of ways to reach the audiences.

“Game companies do need to look at how their business models can function in a macroeconomic climate, heading into a recession,” he added. “Capital is going to become tighter. If you have a business model based upon growth over profitability, it’s going to be harder to find fuel for that growth. Readjusting to focus on profitability is probably one of the biggest things game companies can do right now, if they haven’t already, to weather the storm in a macro sense. But the opportunity with players and the number of people playing and spending, that’s still looking good.”

Oct 19, 2022

Meta has burned $15 billion trying to build the metaverse — and nobody’s saying exactly where the money went

Posted by in category: economics

Oct 16, 2022

China’s Economy is in Bad Shape

Posted by in categories: business, economics, media & arts

In this episode we take a look at the many problems facing China’s economy. How did the country end up in this position and what does it mean for the rest of the world?

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ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.

Continue reading “China’s Economy is in Bad Shape” »

Oct 14, 2022

This Exoskeleton Uses Machine Learning to Put a Personalized Spring in Your Step

Posted by in categories: cyborgs, economics, information science, robotics/AI

“This exoskeleton personalizes assistance as people walk normally through the real world,” said Steve Collins, associate professor of mechanical engineering who leads the Stanford Biomechatronics Laboratory, in a press release. “And it resulted in exceptional improvements in walking speed and energy economy.”

The personalization is enabled by a machine learning algorithm, which the team trained using emulators—that is, machines that collected data on motion and energy expenditure from volunteers who were hooked up to them. The volunteers walked at varying speeds under imagined scenarios, like trying to catch a bus or taking a stroll through a park.

Continue reading “This Exoskeleton Uses Machine Learning to Put a Personalized Spring in Your Step” »

Oct 11, 2022

A woman was scammed by a ‘Russian Astronaut,’ who claimed he needed money to return to Earth

Posted by in categories: economics, internet, space

The woman transferred 4.4 million yen after the scammer promised to marry her after returning to Earth.

A 65-year-old Japanese woman was scammed online by a scammer claiming to be a Russian astronaut onboard the International Space Station (ISS), Vice.

With the rise in internet usage, the number of online scams has also increased considerably. At Interesting Engineering, we report the latest crypto-scams so that people do not fall for them in their attempts to connect with the new-age technology.

Oct 9, 2022

Scientists just issued a shockingly bleak ‘warning to humanity’

Posted by in categories: economics, existential risks, food

Scientists say that Earth’s trees are facing an unprecedented level of extinction and humanity should be worried. The state of our world’s trees has been an ongoing issue for decades now. But, that issue seems to be getting worse, and now we’re facing a massive extinction level issue that could threaten entire ecosystems.

Trees play an important role in the various ecosystems that cover our planet. Last year, a team of researchers released a paper titled State of the World’s Trees, which looked at how the loss of some tree species has affected entire ecosystems. Now, that same team of researchers has issued a warning as the ongoing issue with Earth’s trees has become even direr.

The research is backed by 45 additional scientists from over 20 different countries and outlines the many impacts that losing any of these tree species could have on the world. It isn’t just the local ecosystems that would be affected by these losses, either. The researchers say these losses will affect our livelihoods, economies, and food.

Oct 7, 2022

Scientists discover they can pull water molecules apart using graphene electrodes

Posted by in categories: economics, energy, physics

Writing in Nature Communications, a team led by Dr. Marcelo Lozada-Hidalgo based at the National Graphene Institute (NGI) used graphene as an electrode to measure both the electrical force applied on water molecules and the rate at which these break in response to such force. The researchers found that water breaks exponentially faster in response to stronger electrical forces.

The researchers believe that this fundamental understanding of interfacial water could be used to design better catalysts to generate from water. This is an important part of the U.K.’s strategy towards achieving a net zero economy. Dr. Marcelo Lozada-Hidalgo said, “We hope that the insights from this work will be of use to various communities, including physics, catalysis, and interfacial science and that it can help design better catalysts for green hydrogen production.”

A water molecule consists of a proton and a hydroxide ion. Dissociating it involves pulling these two constituent ions apart with an electrical force. In principle, the stronger one pulls the water molecule apart, the faster it should break. This important point has not been demonstrated quantitatively in experiments.

Oct 5, 2022

Myanmar’s civil war meanders onward

Posted by in categories: economics, law, military

The NUG includes lawmakers from the National League for Democracy (NLD) and ethnic representatives, most of them in exile. The NUG is supported by the Karen, Karenni, Kachin and Chin ethnic groups, yet it still struggles to gain international recognition and the material support needed to eliminate military rule.

The NUG’s Federal Democracy Charter asserts that Myanmar’s states should own land and natural resources. It also claims that the police and army should be under the control of state civilian governments. The NUG believes that all citizens who swear allegiance to the nation, regardless of their ethnicity, should have the right to full citizenship — a clear departure from the 1982 Burma Citizenship Law. It also argues for the separation of religion and politics. But many NLD members from the majority Bamar ethnic group may not fully endorse the Charter.

It is unclear whether the resistance can continue without more international support and recognition amid an escalating economic and humanitarian crisis. The military still gets supplies from Russia and Russian President Vladimir Putin has welcomed Min Aung Hlaing as Myanmar’s leader by inviting him to Russia and meeting him at Russia’s Eastern Economic Forum. The military is used to surviving sanctions and diplomatic isolation — a situation that merely confirms their nationalist ideology so long as they still get military supplies from patrons like Russia.

Oct 4, 2022

RUSSIA Forced to RETREAT from LYMAN as Putin is Urged to Retaliate with LOW YIELD NUCLEAR Missiles

Posted by in categories: economics, military, nuclear weapons

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Russia is LOSING the War against Ukraine and has RETREATED from the Key Town of LYMAN which it has held since May and was used as a Supply & Transport HUB for the North of Ukraine. In Direct Response one of President Putin’s RIGHT HAND MEN has Urged Russia to Launch LOW YIELD NUCLEAR STRIKES on Ukraine. In this video I provide full details of the latest situation, as well as providing on update on the NORD STREAM Pipelines, European Gas SUPPLY and details of what a Low Yield Nuclear Bomb is. Finally I provide my view on the implications of the current situation for both Russia & the GLOBAL ECONOMY.

Continue reading “RUSSIA Forced to RETREAT from LYMAN as Putin is Urged to Retaliate with LOW YIELD NUCLEAR Missiles” »

Sep 26, 2022

Certific and PocDoc collaborate to tackle cardiovascular disease

Posted by in categories: biotech/medical, economics, life extension

Hot on the heels of its €7.4 million raise to accelerate remote medical diagnostics, Certific has announced it is partnering with healthtech startup PocDoc to tackle the world’s biggest killer – cardiovascular disease.

The novel screening will allow patients to remotely monitor blood pressure, BMI and, crucially, quantitative lipid levels through the same user experience. This solution will be rolled out through a number of pilots, in conjunction with the NHS, across the UK, and eventually across Europe and globally.

Longevity. Technology: Heart and circulatory diseases cause a quarter of all deaths in the UK – that’s more than 160,000 deaths each year, or one every three minutes. There are around 7.6 million people living with a heart or circulatory disease in the UK. This costs the country’s National Health Service (NHS) an estimated £7.4 billion per year, with a wider cost to the economy of around £15.8 billion. Early identification of those at highest risk can ensure appropriate treatment, prevent many cases and reduce the strain on the healthcare system.

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