https://techxplore.com/business-tech-news/ en-us The latest news on the technology businesses, technology business, technology companies and tech business news. Unused solar, wind, and hydroelectric power in the U.S. could support the exponential growth of transactions involving non-fungible tokens (NFTs), Cornell Engineering researchers have found. https://techxplore.com/news/2023-07-unused-renewable-energy-option-powering.html Business Mon, 10 Jul 2023 16:18:03 EDT news608224679 A study of the soaring use of artificial intelligence in software creation says we are in the midst of "a sea change" in program development that will ultimately boost local global gross domestic product by $1.5 trillion by 2030. https://techxplore.com/news/2023-06-github-copilot-global-trillion-gdp.html Business Fri, 30 Jun 2023 13:53:01 EDT news607351978 For many technology enthusiasts, the metaverse—a virtual 3D environment in which the physical and digital worlds converge—has the potential to transform almost every facet of human life, from work to education to entertainment. https://techxplore.com/news/2023-06-metaverse-dent-global.html Business Thu, 15 Jun 2023 13:48:57 EDT news606055730 With the federal government incentivizing the expansion of domestic electric-vehicle battery manufacturing, a new Cornell University study examines the long-term energy and sustainability prospects of U.S. production, and highlights policy approaches for building a more resilient battery supply chain. https://techxplore.com/news/2023-06-unveils-policy-insights-reshoring-ev.html Business Wed, 14 Jun 2023 16:50:03 EDT news605980201 Energy storage plays a crucial role in our transition to cleaner and more sustainable energy sources. It enables us to store excess energy when it's available, from renewable sources like wind and solar, and use it when demand is high or supply is limited. This helps stabilize the grid, reduces reliance on fossil fuels, and mitigates the impact of intermittent energy sources. https://techxplore.com/news/2023-06-energy-storage.html Business Thu, 08 Jun 2023 11:00:01 EDT news605435914 Apple appears poised to unveil a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination. https://techxplore.com/news/2023-06-apple-unveil-sleek-pricey-headset.html Consumer & Gadgets Sun, 04 Jun 2023 10:08:21 EDT news605092087 Transportation accounts for roughly one-third of U.S. greenhouse gas emissions, and adoption of electric vehicles is seen by many experts in government and the private sector as a vital tool in efforts to reduce carbon emissions. Roughly a decade ago, EVs accounted for a tiny fraction of overall car sales. As of March 2023, they make up 7% of new sales https://techxplore.com/news/2023-05-advances-technology-popularity-electric-vehicles.html Business Tue, 30 May 2023 16:05:03 EDT news604681501 Sophisticated computer algorithms used to set prices in online marketplaces put consumers at risk of collusion among sellers, according to a study from computer scientists at the Oxford Internet Institute and Imperial College. https://techxplore.com/news/2023-05-online-consumers-intelligent-price-experts.html Business Thu, 04 May 2023 13:00:42 EDT news602424025 Greenhouse gas reduction, new jobs, new investment opportunities: the benefits of decarbonizing the electricity sector—one of the most polluting—are obvious. However, a transition to lower-carbon electricity production could have a negative impact on some regions, depending on their vulnerabilities and their capacity to adapt, while it could have a positive impact on others. https://techxplore.com/news/2023-05-inequalities-low-carbon-electricity.html Business Tue, 02 May 2023 09:00:04 EDT news602236802 Russia's invasion of Ukraine in February 2022 had a profound deep impact on the economy, inflating the prices of energy and food, with detrimental consequences for both individuals and companies worldwide. As a result, many governments, particularly in Europe, have been discussing the possibility of reducing their dependence on Russian energy. https://techxplore.com/news/2023-04-explores-extent-western-russian-nuclear.html Business Wed, 05 Apr 2023 09:30:01 EDT news599738554 Fusion energy is often hailed as a limitless source of clean energy, but new research from Princeton University suggests that may only be true if the price is right. https://techxplore.com/news/2023-03-fusion-future-dollars-cents.html Business Thu, 16 Mar 2023 15:09:04 EDT news598198141 Google's launch of Bard, it's search-integrated, AI-powered chatbot, went wrong when the bot's first advertisement accidentally showed it was unable to find and present accurate information to users. https://techxplore.com/news/2023-03-bad-google-billionor.html Business Sat, 11 Mar 2023 03:03:09 EST news597726180 Domestic production of solar panels—most of which are now made in Asia—can speed up decarbonization in the U.S. and reduce climate change faster, according to new Cornell Engineering research published March 8 by Nature Communications. https://techxplore.com/news/2023-03-solar-panel-production-ease-climate.html Business Thu, 09 Mar 2023 16:14:03 EST news597600842 In August 2022, Congress passed the Inflation Reduction Act (IRA). Signed by President Joe Biden, the legislation attempted to curb inflation, lower the deficit, and invest heavily into domestic clean energy. https://techxplore.com/news/2023-03-electric-vehicle-batteries.html Business Mon, 06 Mar 2023 16:40:16 EST news597343211 A trio of economic management scientists, two with the Sloan School of Management at MIT and one with Virginia Tech, are warning of the consequences of industry dominance in AI research. In their Policy Forum piece published in the journal Science, Nur Ahmed, Muntasir Wahed and Neil Thompson outline the recent history of AI research efforts and why consumers should be concerned about the direction it is taking. https://techxplore.com/news/2023-03-economic-scientists-industry-dominance-ai.html Business Mon, 06 Mar 2023 09:15:20 EST news597316514 As electric vehicles continues to speed ahead in the market, a new study from the University of Maryland's Center for Global Sustainability (CGS) found that homebuyers are willing to pay a premium in areas where it's easy to top up those electrons in the batteries of their plug-in rides. https://techxplore.com/news/2023-01-ev-stations-amp-home-values.html Business Mon, 30 Jan 2023 11:11:02 EST news594299461 The Center for Research toward Advancing Financial Technologies (CRAFT), a collaboration between Rensselaer Polytechnic Institute and Stevens Institute of Technology, is dedicated to advancing blockchain technology so that scams along the lines of FTX's can be avoided. CRAFT researchers from Rensselaer recently presented their findings on blockchain interoperability and cryptocurrency scam detection at the 2022 IEEE International Conference on Big Data. https://techxplore.com/news/2023-01-future-ftx-debacles.html Business Tue, 10 Jan 2023 16:36:20 EST news592590969 It's a scenario many of us are familiar with: You sit down on the couch after a long day at work and turn on Netflix. A trailer for a show you've never heard of automatically starts playing on your home screen, and you notice it has the red "top 10" sticker over it. You think to yourself, "I'll give it one episode, and then I'll go to bed." But before you know it, the next episode is being queued to play, and you can't stop it quick enough. Now that the opening scene has started, you decide one more episode won't hurt. https://techxplore.com/news/2022-12-netflix-chill-free-scientists.html Consumer & Gadgets Wed, 21 Dec 2022 12:20:02 EST news590847514 Action games have developed drastically with advancements in graphic technology over the last decade. Unlike the single character-based Super Mario series, modern action games involve simultaneous fast-paced elements such as shooting and fighting. Furthermore, they have exciting visuals, complex narratives, and boss battles. In action games, the players always have to overcome "enemy boss" characters to reach the next level. https://techxplore.com/news/2022-12-decode-evolution-action-games-lens.html Consumer & Gadgets Tue, 06 Dec 2022 13:01:17 EST news589554074 Bitcoin has an emissions problem. With the recent revelation that the production of cryptocurrency emits as much annual carbon dioxide as a small country, bans on cryptomining have popped up around the world. But Bitcoin's biggest competitor, Ethereum, has reduced its electrical energy requirement by at least 99.84% by changing its method of production. https://techxplore.com/news/2022-12-cryptocurrencies-sustainable-ethereum.html Business Tue, 06 Dec 2022 11:00:01 EST news589537956 In recent years, deep learning techniques have proved to be highly valuable for tackling countless research and real-world problems. Researchers at Feedzai, a financial data science company based in Portugal, have demonstrated the potential of deep learning for the prevention and detection of illicit money laundering activities. https://techxplore.com/news/2022-11-laundrograph-deep-anti-money-laundering-efforts.html Business Thu, 24 Nov 2022 09:50:01 EST news588419102 When a new consumer technology makes its debut, whether it's a smartphone or an electric car, its adoption rate typically follows a predictable path. The first buyers come from a narrow slice of high-income users or tech enthusiasts who are willing to pay high prices. Over time, as prices fall and economies of scale kick in, sales climb sharply and the technologies become mass-market products. Eventually, the market becomes saturated, and the number of users reaches a plateau. https://techxplore.com/news/2022-11-tax-rebates-solar-power-ineffective.html Business Wed, 16 Nov 2022 13:40:04 EST news587828401 Twitter has announced a subscription service for $7.99 a month that includes a blue check now given only to verified accounts as new owner Elon Musk works to overhaul the platform's verification system just ahead of U.S. midterm elections. https://techxplore.com/news/2022-11-twitter-users-blue-monthly-fee.html Internet Sun, 06 Nov 2022 06:49:07 EST news586939742 Ahead of COP27, academics from 50 institutions have called for a shift in how politicians, funders and researchers think about the clean energy transition in the African continent, as a new study today highlights radically different energy needs across countries. https://techxplore.com/news/2022-10-africa-country-specific-narratives-energy-future.html Business Wed, 26 Oct 2022 08:50:04 EDT news585993001 Have you ever noticed the faces in Facebook ads seem to match your gender, race or age? That isn't an accident, Northeastern computer science researchers say. https://techxplore.com/news/2022-10-facebook-ad-delivery-algorithm-discriminating.html Internet Tue, 25 Oct 2022 09:20:04 EDT news585908402 When office-job workers at home during the pandemic turned to day trading with cryptocurrencies and word spread of easy money, the market exploded. In May 2022, however, it collapsed—spectacularly. https://techxplore.com/news/2022-10-trendy-technologies-eventually-outgrow-experts.html Business Thu, 20 Oct 2022 01:41:42 EDT news585448901 Taken as a share of the market price, the environmental costs of mining the digital cryptocurrency Bitcoin are more comparable to the climate damages of producing beef than gold mining costs, according to analysis published in Scientific Reports. The authors suggest that rather than being considered akin to "digital gold," Bitcoin should instead be compared to much more energy intensive products such as beef, natural gas, and crude oil. https://techxplore.com/news/2022-09-bitcoin-environmentally-costly-beef-production.html Business Thu, 29 Sep 2022 11:00:06 EDT news583666266 Transitioning to a decarbonized energy system by around 2050 is expected to save the world at least $12 trillion, compared to continuing our current levels of fossil fuel use, according to a study by Oxford University researchers, published in the journal Joule today. https://techxplore.com/news/2022-09-decarbonizing-energy-trillions-dollars.html Business Tue, 13 Sep 2022 11:00:06 EDT news582281034 The first major study of driving forces behind government funding of energy RD&D—and the public institutions generating it—over the 21st century shows that competition created by China's rise as a technology superpower led to significant increases in clean energy investment. https://techxplore.com/news/2022-09-competition-china-energy-funding-21st.html Business Mon, 12 Sep 2022 11:48:37 EDT news582202111 Green hydrogen would likely supply less than 1% of total energy globally by 2035, while the European Union might hit the 1% mark a little earlier by about 2030. In particular, the EU's 2030 plan to supply 10 million tons of green hydrogen with domestic capacity will be out of reach, unless policy makers can foster growth that is unprecedented for energy technologies. By 2040, a breakthrough to higher green hydrogen shares is more likely, but large uncertainties prevail, which increase today's investment risks. However, history shows that emergency-like policy measures could yield substantially higher growth rates, expediting the breakthrough and increasing the likelihood of future hydrogen availability. https://techxplore.com/news/2022-09-green-hydrogen-short-term-scarcity-long-term.html Business Thu, 08 Sep 2022 11:00:06 EDT news581846407