HMC Capital, an Australian alternative asset manager, is preparing to unveil a significant initial public offering (IPO) for its data centre business, DigiCo Real Estate Investment Trust (REIT), with a valuation of £2.05 billion ($2.6 billion). This upcoming listing on the Australian Stock Exchange (ASX) will be the largest Australian IPO since 2021, marking a […]
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The UK’s tax authority, HM Revenue and Customs (HMRC), has embarked on a major step in its ongoing digital transformation by securing contracts worth a total of £366 million ($462.2 million) with SAP and Deloitte. These agreements are designed to replace outdated legacy systems with cloud-based solutions that will modernize and streamline HMRC’s ERP (Enterprise […]
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In an era of rising cybersecurity threats, a new report from the cybersecurity firm Panaseer reveals alarming statistics: UK businesses are losing a staggering £10 billion ($12.6 billion) annually due to failures in security controls. This report underscores the growing urgency for companies to address vulnerabilities in their security infrastructure, particularly as cyber risks continue […]
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S Singha / Shutterstock It may sound strange, but future Nobel Prizes, and other scientific achievement awards, one day might well be given out to intelligent machines. It could come down just to technicalities and legalities. Swedish chemist Alfred Nobel established the prestigious prizes in his will, written in 1895, a year before his death. […]
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Fifty years ago, the discovery of a partial skeleton amid the barren desert landscape of northern Ethiopia transformed our understanding of where humans came from, and how we developed into Homo sapiens. “Lucy” was first spotted on November 24 1974 by the American paleoanthropologist Donald Johanson and his student assistant Tom Gray. Named after the […]
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Apple has made a significant move to secure approval for selling the iPhone 16 in Indonesia by proposing a $100 million investment aimed at establishing a local manufacturing facility. The investment, which focuses on the production of accessories and components, is a key condition for Apple to meet Indonesia’s strict regulations for foreign companies selling […]
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Image credit: NASA, ESA, CSA, STScI, CC BY Physicists have long grappled with the question of why the universe was able to support the evolution of intelligent life. The values of the many forces and particles, represented by some 30 so-called fundamental constants, all seem to line up perfectly to enable it. Take gravity. If […]
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November 19, 2024 – U.S.-based Electra has unveiled the EL9 Ultra Short, a cutting-edge hybrid-electric aircraft that promises to redefine regional air travel with its remarkable features, including minimal noise and zero emissions. Designed to cater to a diverse range of operators, the aircraft is capable of carrying up to nine passengers or 3,000 pounds […]
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Nikolay Litov/Shutterstock, CC BY-SA Beliefs are convictions of reality that we accept as true. They provide us with the basic mental scaffolding to understand and engage meaningfully in our world. Beliefs remain fundamental to our behaviour and identity, but are not well understood. Delusions, on the other hand, are fixed, usually false, beliefs that are […]
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In a significant development, Elon Musk’s xAI has reportedly redirected a massive $6 billion order for high-performance AI servers from Supermicro, a company known for its expertise in producing AI hardware. The order, originally intended for Supermicro, has now been given to rival companies such as NVIDIA, AMD, and Dell Technologies, as Musk’s AI venture […]
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