Goldman Sachs CEO believes there is a strong chance of a recession and advises investors to be cautious and prepare for a more difficult environment

The CEO of global investment bank Goldman Sachs, David Solomon, sees a good chance of a recession in the United States. He pointed out that “the environment going into 2023 is one to be cautious and prepared for.“ Goldman Sachs …

BTC whale transfers $940 million in dormant Bitcoin since 2011

On Tuesday, October 18, researchers at crypto-currency analysis platform Cryptoquant identified an outflow of 48,000 bitcoins from the Coinbase Pro exchange platform. According to the researcher’s summary of the situation, a large portion of the funds were old coins. Whale …

Smartphone market accelerates decline, predicting a new global economic crisis

Without being able to find a justification in the difficulties with semiconductor supply the smartphone market accelerates its decline from 9% in Q3-2022, registering the worst development since 2014 and so far. Initially, last year’s bottleneck appeared to be attributed …

Telegram fined €5 million in Germany for lack of options to report illegal content

After accusing Telegram of favouring extremist groups and even proposing to ban it across the European Union, Germany is setting a fine of more than €5 million, accusing the messaging service of not providing effective ways to report and combat …

Ethereum down as dollar strengthens after strong Q3 results

So far this earnings season, Netflix, Bank of America and others have beaten expectations, underscoring what some see as the resilience of the U.S. economy, despite the global slowdown. Bitcoin has also returned to the red. Bitcoin Bitcoin was trading …

Russia accuses China of “sabotage” as 40% of black market semiconductors come defective

After noting the reluctance of their “partner” to the east to provide any help in facilitating the war of aggression waged against Ukraine, Russia also discovers that the burgeoning black market for semiconductors delivered from China is based on gross …

UK inflation hits 40-year high due to rising cost of living

Inflation is red hot in the United Kingdom (UK), as evidenced by the latest data released by the Office for National Statistics (ONS) for September. According to the figures released, inflation reached a 40-year high of 10.1%, due to the …

Europe set to introduce energy efficiency labels for blockchains

The European Union is set to develop an energy efficiency label for blockchains. The European Commission has introduced these measures as part of broader plans to control the ICT sector’s energy consumption, including an environmental labeling scheme for data centers, …

What you look for when you buy them and what type you need

In today’s climate, when energy prices have reached alarming levels in many parts of the world, people are paying particular attention to ways – such as solar panels or wind turbines – that they can produce their own electricity. Wind …

Avalanche of automotive products for the cold season at Kaufland

Kaufland has published its catalogue valid from 19 to 24 October. It includes many automotive products needed to prepare your car for the cold season. We have selected the devices we think will be of interest to our readers: Automotive …

If you give away your Netflix password, you’ll pay extra: when the “penalty” comes into effect

Netflix doesn’t want to let you give your password “through the neighbors” anymore and promises to charge you for it. It’ll do that soon enough. Basically, password sharing will become something you won’t want to do again, not without paying …

Jack Dorsey’s Bluesky app opens its waiting list to massive demand

Bluesky, a decentralized social networking project funded by Twitter, has announced the beta version of its upcoming app. Bluesky social app announced The project team has announced that it will launch a social media app called Bluesky Social, which will …