The switch is expected to reduce Ethereum’s energy consumption by almost 99.95%.from Tech-Economic Times https://ift.tt/bsCdzLo
Ahead of ‘Merge’ Ether trading volumes spike
The switch is expected to reduce Ethereum’s energy consumption by almost 99.95%.from Tech-Economic Times https://ift.tt/bsCdzLo
After 18-month delay Byju’s releases audited FY21 results; The Merge sparks Ether trading surge
This marks a significant drop of around 50% from the projected revenue of about Rs 4,400 crore cited in the unaudited results of Byju’s parent firm Think & Learn Pvt Ltd, which has been facing intense scrutiny over its accounting practices in recent months.from Tech-Economic Times https://ift.tt/SEt6n0A
Byju’s audit firm Deloitte sought two key changes in FY21 financials
“Revenues from streaming services (online courses), which was previously recognised fully on commencement of contract, has been adjusted to be recognised rateably over the period of the contract,” according to notes accompanying the annual earnings report of Think & Learn Pvt Ltd, Byju’s parent.from Tech-Economic Times https://ift.tt/bHXD50I
S.Korea fines Google, Meta billions of won for privacy violations
The privacy panel said the firms did not clearly inform service users and obtain prior consent when collecting and analysing behavioural information to infer their interests or use them for customised advertisements.from Tech-Economic Times https://ift.tt/mt7bwPz
EU court decides record antitrust fine against Google
Google urged a panel of EU judges last year to throw out the decision it argued was unfounded and falsely relied on accusations it imposed its search engine and Chrome browser on Android phones.The company also said that the EU was unfairly blind to the strength of Apple, which imposes or gives clear preference to its own services such as Safari on iPhones.from Tech-Economic Times https://ift.tt/89GgeMn
Twitter, Facebook may need license to operate: US senator
At a hearing to discuss security lapses at Twitter, Graham said the companies were allowed to become internationally powerful with few restrictions on what they could and could not do.from Tech-Economic Times https://ift.tt/aSsKUTl
Twitter whistleblower reveals employees concerned China agent could collect user data
Peiter "Mudge" Zatko, a famed hacker who served as Twitter's head of security until his firing in January, said some Twitter employees were concerned the Chinese government would be able to collect data on the company's users.from Tech-Economic Times https://ift.tt/X6fSunM
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