Author: Angel City Editorial Team
The state Budget Committee on Tuesday approved spending $27 million to the Wisconsin Economic Development Corp. to fund grants aimed at creating regional tech hubs and helping communities affected by the University of Wisconsin closure. The committee also approved spending money to the Department of Corrections to cover the costs of youth serving adult sentences. One of the requests the committee approved Tuesday was for a $7.5 million grant to a Wisconsin biohealth nonprofit, the next step in establishing a regional technology hub in the state. Wisconsin was designated a regional technology hub by the U.S. Department of Commerce in…
Some see small businesses as the lifeblood of the American economy, and on Tuesday the National Federation of Independent Business found that small business owners are more optimistic about the economy than they have been so far this year. But compared to historical averages, optimism remains low. And that’s the way things are in the business world these days. There are roses and there are thorns. The biggest challenge in running a small business today is inflation. “You’re seeing inflation in everything, right?” says Sheena Azmendis, who runs the Miami-based consulting firm The WellBiz. “Our workers’ compensation insurance just went…
Russian state broadcaster RT broadcasts from near Red Square during the 2018 Moscow World Cup. The Justice Department alleges that RT employees were behind an effort to use AI to create fake social media profiles of Americans to spread Russian propaganda in the United States. Christopher Furlong/Getty Images/Getty Images Europe Hide caption Toggle caption Christopher Furlong/Getty Images/Getty Images Europe The Department of Justice announced that it has disrupted a Russian propaganda operation that used fake, artificial intelligence-powered social media accounts to spread disinformation in the United States and other countries. The bot farm used AI to create profiles impersonating Americans…
Noida has been designated as a Software Technology Park of India (STPI). This designation has enabled the region to expand its IT industry and foster the development of new technologies such as robotics and artificial intelligence. Additionally, Noida has been influential in promoting technology exports for neighboring cities, including Delhi. Below are some of the most influential technology companies in the region: Top Technology Companies to Know in Noida Microsoft ZS HCL Technologies Oracle Samsung Electronics Learn more about local tech startups in Noida Top Technology Companies in Noida Microsoft, one of the world’s largest software companies, has a 150,000-square-foot…
Downward angle icon Downward angle icon. Max Levchin, CEO of Affirm. Affirm is a buy now, pay later fintech that went public on Nasdaq in January 2021. Affirm CEO and former PayPal employee Max Levchin offers advice to founders considering going public. This article is part of “The Road to IPO,” a series that explores the public offering process from pre-public to post-public.Media not supported by AMP.Tap to get the full mobile experience.Affirm founder and CEO Max Levchin always planned to take his buy-now, pay-later fintech company public, but he never expected a pandemic during one of the most economically…
Ocelote Trading at around $7, Applied Digital Corporation (NASDAQ:APLD) has soared more than 200% since November 2022, outperforming Nvidia (NVDA) last year and nearly catching up earlier this year before dropping back down, as shown in the chart below. This price movement could suggest that some investors are viewing the HPC (high-performance computing) data center business as an alternative to get in on the AI story. Data by YCharts Indeed, Applied Digital Corporation’s greenfield approach compared to other data centers means the paper aims to show that the company should play a key role in building the infrastructure needed for…
The Federal Reserve’s vice chairman for oversight, Michael Barr, said banks have made great strides in expanding financial inclusion but that they need to be careful about the partnerships with fintechs they have relied on to do so. Al Drago/Bloomberg The Federal Reserve’s top regulator praised industry efforts to expand access to financial services but warned that such efforts could pose financial stability risks.While banks have “played a vital role” in improving financial inclusion, Michael Barr, the Fed’s vice chairman for supervision, said their reliance on financial technology (fintech) partners creates risks that must be carefully managed.”Innovation in banking services…
Market News Soybean prices continue to fall Soybeans fell sharply on speculative and technical selling. The industry expects Tropical Storm Beryl to move further inland, bringing heavy rains to parts of the southern Midwest and the eastern United States. The short-term forecast shows that the central and western growing regions are generally dry. This will create generally good growing conditions across many of the major U.S. growing regions. Soybean meal and soybean oil futures fell on favorable growing weather and the fundamental impact of a large U.S. crop. The U.S. Department of Agriculture’s next Supply, Demand and Production Forecast is…
Tushar Mehta / Digital Trends Apple’s move to remove the charger from the box has had at least one positive outcome: It’s spawned a whole new competitive industry focused on ultra-fast chargers, creating a sea of options that companies are now trying to differentiate themselves on beyond basics like charging speed and number of ports. A great example of this phenomenon is the Acefast Z4, a GaN charger that surpasses other chargers in features other than fast charging. It has four ports with a total output of over 200W, meaning you can use it to charge almost any phone, accessory,…
In an age where we’re all chronically busy, every second you spend on a given task or chore counts. But why struggle when you can invest in gadgets under $15 that make things even easier? We’re here to tell you about the best kitchen tools you didn’t know you needed, like snap-on colanders and cleaning attachments like keyboard scrubbers. They’re inexpensive items you’ll want to live without, especially when you discover they’re easy to use. We’re always on the lookout for handy gadgets that will solve problems we didn’t even know we had. From figuring out how to clean your…