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…

Solar and Wind Are Reaching for the Last 90% of the US Power Market

An anonymous reader shares a report: Three decades ago, the U.S. passed an infinitesimal milestone: solar and wind power generated one-tenth of one percent of the country’s electricity. It took 18 years, until 2008, for solar and wind to reach 1% of U.S. electricity. It took 12 years for solar and wind to increase by another factor of 10. In 2020,…

About Half of Global Wastewater Is Treated, Instead of Previous Estimate of 20%, Study Finds

schwit1 shares a report from UPI: The study published Monday in the journal Earth System Science Data, estimated 359 billion cubic meters of wastewater is produced each year — which is “equivalent to 144 million Olympic-sized swimming pools,” Edward Jones, a doctoral researcher at Utrecht University and the study’s lead author, said in a statement. Researchers found that 52% of that…

Robinhood Sued By Family of 20-Year-Old Trader Who Committed Suicide

Robinhood was sued Monday for wrongful death by the family of Alex Kearns, a 20-year-old customer who took his life last summer after believing he had racked up big losses on the millennial-favored stock trading app. CNBC reports: “This case centers on Robinhood’s aggressive tactics and strategy to lure inexperienced and unsophisticated investors, including Alex, to take big risks with the…

Was GameStop’s Rise Actually Orchestrated By Hedge Funds?

Robert J. Shapiro advised senior members of the Obama administration on economic policy, and served as an Under Secretary of Commerce under Bill Clinton. Now a senior fellow at the McDonough School of Business at Georgetown, he’s suspicious of the surge in GameStop’s stock price:
Allegedly, this is the tale of scrappy, small online day traders buying shares of a beleaguered company…

How the NSA’s Hubris Left America Vulnerable

A new book promises “the untold story of the cyberweapons market — the most secretive, invisible, government-backed market on earth — and a terrifying first look at a new kind of global warfare.” Its author — a New York Times cybersecurity reporter — shares the book’s story about David Evenden, a former National Security Agency analyst who later worked in Abu…

Has Section 230 Created a ‘Vast Web of Vengeance’?

Slashdot reader GatorSnake shares “Another take of the implications of Section 230… One person poisoned the online personas of multiple people who had ‘wronged’ her, with it being nearly impossible to have the false accusations removed from the sites or from Google’s search results.” The New York Times reports:
Mr. Babcock, a software engineer, got off the phone and Googled himself. The…

Robinhood Stops Limiting GameStop Shares

Robinhood has lifted all the buying curbs imposed at the height of the battle between amateur investors and Wall Street hedge funds. The change comes one week after the online broker limited clients to only buying a single share of GameStop and expanded its list of restricted stocks from 13 to 50. Reuters reports: The videogame retailer, the initial trigger for…

The Future of Jobs is Here: 10 Courses to Take in 2021

By Betty Vandenbosch, Chief Content Officer, Coursera  As the new year unfolds, many challenges from 2020 persist: the pandemic continues to affect economies around the world and unemployment rates are still high. As we prepare to take advantage of new opportunities in 2021, professional development is top of mind for many. How can I gain […]
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Clearview AI Violated Canadian Privacy Law

sinij shares a report from CBC.ca: American technology firm Clearview AI violated Canadian privacy laws by collecting photos of Canadians without their knowledge or consent, an investigation by four of Canada’s privacy commissioners has found. The report found that Clearview’s technology created a significant risk to individuals by allowing law enforcement and companies to match photos against its database of more…