Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it’s spending $6.5 billion to acquire rival Auth0. CNBC reports: Okta’s shares plunged about 13% in extended trading after the announcement. The all-stock deal equals about 21% of Okta’s market cap as of Wednesday’s close. Okta said it expects…
Tag: 5 billion
What’s the coldest Earth has ever been?
Our planet’s history includes episodes of cold so extreme that glaciers reached sea level in equatorial regions. Source: https://earthsky.org/earth/whats-coldest-earth-has-ever-been…
The GRANTECAN discovers the largest cluster of galaxies known in the early universe
A study, led by researchers at the Instituto de Astrofísica de Canarias (IAC) and carried out with OSIRIS, an instrument on the Gran Telescopio Canarias (GTC), has found the most densely populated galaxy cluster in formation in the primitive universe. The researchers predict that this structure, which is at a distance of 12.5 billion light years from us, will have evolved…
Evidence for white dwarfs consuming Earth-like worlds
For the first time, astronomers have detected the vaporized remains of the crusts of long-dead Earth-like and Mars-like planets in the atmospheres of white dwarf stars. Source: https://earthsky.org/space/vaporized-earth-like-mars-like-crusts-white-dwarf-stars…
Planetary scientists discover evidence for a reduced atmosphere on ancient Mars
Both Earth and Mars currently have oxidising atmospheres, which is why iron-rich materials in daily life develop rust (a common name for iron oxide) during the oxidation reaction of iron and oxygen. The Earth has had an oxidising atmosphere for approximately 2.5 billion years, but before that, the atmosphere of this planet was reducing—there was no rust. Source: https://phys.org/news/2021-02-planetary-scientists-evidence-atmosphere-ancient.html…
Bitcoin Consumes ‘More Electricity Than Argentina’
Thelasko shares a report from the BBC: Bitcoin uses more electricity annually than the whole of Argentina, analysis by Cambridge University suggests. ‘Mining’ for the cryptocurrency is power-hungry, involving heavy computer calculations to verify transactions. Cambridge researchers say it consumes around 121.36 terawatt-hours (TWh) a year — and is unlikely to fall unless the value of the currency slumps. Critics say…
Twitter Has Studied Using Bitcoin, CFO Says
Twitter’s finance chief said the social-media company has thought about how it might pay employees or vendors using the popular cryptocurrency bitcoin. From a report: Chief Financial Officer Ned Segal, in speaking Wednesday with Andrew Ross Sorkin on CNBC’s “Squawk Box,” said the company continues to review potential uses of the digital currency. “We’ve done a lot of the upfront thinking…
Mastercard To Open Up Network To Select Cryptocurrencies
Mastercard announced on Wednesday it was planning to offer support for some cryptocurrencies on its network this year. Reuters reports: Mastercard already offers customers cards that allow people to transact using their cryptocurrencies, although without going through its network. “Doing this work will create a lot more possibilities for shoppers and merchants, allowing them to transact in an entirely new form…
Apple Should Create Crypto Exchange and Buy Bitcoin, Says RBC
RBC Capital Markets says Apple should follow in Tesla’s footsteps by getting into cryptocurrencies. Bloomberg reports: The iPhone maker could create a sizable new market for growth if it were to develop its Apple Wallet into a crypto exchange, said analyst Mitch Steves. “The wallet initiative appears to be a clear multi-billion dollar opportunity for the firm (potential for well over…
To the Moon? Dogecoin Leaps 46% in 24 Hours After Tweets From Elon Musk, Snoop Dogg
Friday the 71-year-old former lead singer of the band Kiss tweeted “I bought Dogecoin…six figures,” to his 922,000 followers, along with other supportive tweets. Saturday rap artist Snoop Dogg tweeted an image of “Snoop Doge” to his 19.2 million followers. Later Elon Musk tweeted a picture from the Lion King with Musk’s head appearing on a monkey holding up a monkey…