Square has agreed to buy a majority stake in Tidal, the streaming music service led by rapper Jay-Z, as part of an effort to expand the company’s suite of financial tools to musicians and emerging artists. From a report: Square will pay $297 million in a mix of cash and stock to become Tidal’s “significant majority” owner, though Jay-Z and Tidal’s…
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Giant iceberg breaks off Brunt Ice Shelf in Antarctica
A giant iceberg, about twice the size of Chicago, broke off from Antartica’s Brunt Ice Shelf in late February 2021. Source: https://earthsky.org/earth/giant-iceberg-breaks-off-antarctica-brunt-ice-shelf…
Cephalopod Passes Cognitive Test Designed For Human Children
mi shares a report from ScienceAlert: The marshmallow test, or Stanford marshmallow experiment, is pretty straightforward. A child is placed in a room with a marshmallow. They are told, if they can manage not to eat the marshmallow for 15 minutes, they’ll get a second marshmallow, and be allowed to eat both. This ability to delay gratification demonstrates cognitive abilities such…
Aptera Promises The World’s First Mass-Produced Solar Car This Year
California-based Aptera Motors “is rolling out the first mass-produced solar car this year,” reports the Washington Post, after successfully crowdfunding a restart of their development effort: It’s a three-wheel, ultra-aerodynamic electric vehicle covered in 34 square feet of solar cells. The car is so efficient that, on a clear day, those cells alone could provide enough energy to drive about 40…
Square Buys $170 Million Worth of Bitcoins
Square said today it has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million. From a statement: Combined with Square’s previous purchase of $50 million in bitcoin, this represents approximately five percent of Square’s total cash, cash equivalents and marketable securities as of December 31, 2020.
Read more of this story at Slashdot.
Source: https://slashdot.org/story/21/02/23/2127254/square-buys-170-million-worth-of-bitcoins?utm_source=rss1.0mainlinkanon&utm_medium=feed…
Galaxies have magnetic fields, too! Images here
Until recently, magnetic fields in the outskirts of galaxies were too faint to be detected. Although it’s still not clear what causes them or how they’re maintained, astronomers have started to create images of their observations of galaxies’ magnetic fields producing beautiful aurora-like effects. See them here. Source: https://earthsky.org/space/images-of-magnetic-fields-in-galaxies…
Cryptocurrency Magnate’s Plan to Turn 67,000 Acres into Blockchain-Based ‘Smart City’
“A cryptocurrency company that owns 67,000 acres in rural northern Nevada wants state government to grant technology companies power to form local governments on land they own,” reports the Associated Press. Jeffrey Berns, CEO of Nevada-based Blockchains LLC, ultimately envisions “a city where people not only purchase goods and services with digital currency but also log their entire online footprint —…
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…
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…
The Empire State Building and Its Related Buildings Are Now Powered By Wind
The iconic Empire State Building that has crowned Midtown Manhattan since the early 1930s is now a game changer in American architecture in a different way: by becoming completely powered with renewable energy. The Hill reports: Announced on Wednesday, Empire State Realty Trust (ESRT) confirmed that it struck a three-year contract with Green Mountain Energy to power its entire commercial real…