Author: Admincrypt

Rocket Lab has proven that it’s much more than a launch company: One glance at the company’s most recent earnings presentation shows as much, since in 2022, its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch, at $150.3 million versus $60.7 million, respectively. The space systems business – whose products include star trackers, reaction wheels, solar power systems, separation systems and more – also saw a massive growth in revenue, increasing by 239% year-over-year. To meet this growing demand, the company further announced last year that…

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Friday Crunch is here! Friday Crunch is here! We are ready to go sit by the proverbial pool with an umbrella-ed drink in it. (Realistically, it’ll be the TV and a beer, while embodying fancy cocktails and a pool. The mind is powerful like that.) For now, on with the news! — Christine and Haje The TechCrunch Top 3 Probably nothing to see here: For a few moments there, cryptocurrency giant Binance had to temporarily suspend spot…

© Reuters. FILE PHOTO: The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023. REUTERS/Shannon Stapleton/File Photo By Mike Scarcella (Reuters) – A federal judge on Friday set a fast-paced schedule in the U.S. Justice Department’s antitrust lawsuit challenging Google LLC’s digital advertising technology practices, moving the case along more quickly than either side had proposed. U.S. Magistrate Judge John Anderson in Alexandria, Virginia, after a brief hearing issued an order setting Jan. 18, 2024, as the date when Alphabet (NASDAQ:) Inc’s Google and Justice Department lawyers must disclose factual…

Robots have conquered ProMat. The supply chain and logistics show is a kind of perfect microcosm of where the industry is heading. Many of the show’s main attractions have moved from center stage to the physical margins of the show floor, while competitors like 6 River Systems and Locus grab the spotlight — my interviews with both happened in conference areas located on the second floor of their massive booths. Among other things, this proved an ideal setting for speaking with founders and executives of some of the space’s biggest players. Jerome Dubois ticks both of those boxes as the…

XRP whale transactions between $100,000 and $1 million have remarkably increased. Ripple’s president showed optimism about a win as more people backed the firm. For over two years, Ripple [XRP] has been locked in a lawsuit with the SEC, led by Gary Gensler. At several points within this period, rumors have flown around that a judgment was near. Unfortunately, none of these reports eventually passed as reality. Realistic or not, here’s XRP’s market cap in BTC’s terms The speculation rose again during this week. Surprisingly, it ushered the XRP price action into gains at a time when major cryptocurrencies were…

(N-sky/Shutterstock) Databrick is getting into the large language model (LLM) game with Dolly, a slim new language model that customers can train themselves on their own data residing in Databricks’ lakehouse. Despite the sheepish name, Dolly shows Databricks is not blindly following the generative AI herd. Many of the LLMs gaining attention these days, such as OpenAI’s GPT-3 and Google’s LaMDA, sport hundreds of billions of parameters and take tens of thousands GPU hours to train. Because of the costs involved in training these massive models, most early AI adopters just use the LLMs trained by the tech giants. They’re…

Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon Valley Bank’s collapse. Two weeks later, Mastercard boldly integrated the stablecoin into its infrastructure in the Asia-Pacific region, allowing users to spend USDC through its network. It’s happening, folks!And let’s not forget about Bitcoin (BTC) — that digital gold is still on the rise and decoupling from Wall Street, once again proving its value proposition and prompting calls for a hedge against equity markets in the long run. This week’s Crypto Biz documents the latest developments on worldwide crypto…

The tax deadline is approaching, and there are still a few ways to reduce your 2022 bill or boost your refund, experts say.Once the calendar year ends, “the toolbox of options is much smaller,” said certified financial planner and enrolled agent John Loyd, owner at The Wealth Planner in Fort Worth, Texas.However, there are a few last-minute moves to consider before the federal tax-filing deadline, which is April 18 for most Americans.More from Smart Tax Planning:Here’s a look at more tax-planning news.1. Save to your individual retirement accountTommy Lucas, a CFP and enrolled agent at Moisand Fitzgerald Tamayo in Orlando,…

Software maker Fortra told its corporate customers that their data was safe — even when it wasn’t — following a ransomware attack on its systems, TechCrunch has learned. As we have been reporting, the Clop ransomware gang exploited a newly discovered bug in Fortra’s GoAnywhere file transfer software, used by thousands of organizations to transfer sensitive data over the internet. The bug allowed the ransomware gang to hack in and carry out a mass ransomware attack on January 31. The Russia-linked Clop gang claimed it compromised about 130 organizations who were using the vulnerable GoAnywhere tool at the time of…

On March 23, Bitcoin (BTC) price recovered the $28,000 support after a brief correction below $27,000. The movement closely tracked the traditional financial sector, particularly the tech-heavy Nasdaq Index, which gained 2.1% as Bitcoin surpassed the $28,000 threshold.On March 22, the Federal Reserve raised its benchmark interest rate by 0.25%, but hinted that it is nearing its maximum level for 2023. In the end, however, Fed Chair Jerome Powell stated that it is too soon to determine the extent of the tighter credit conditions, so monetary policy will remain flexible.Initially, it appears encouraging that the central bank is less inclined…