Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes
Media mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Reserve is “inflicting unnecessary pain” on the U.S. economy with its interest rate hikes after Fed Chair Jerome Powell said the Fed is prepared to raise interest rates at a faster pace. He also pointed out “the fundamental flaw in central bankers’ and most economists’ approach.” Media Mogul Steve Forbes Warns About Fed Policies Steve Forbes, chairman of...
Fed Chair Powell Provides Update on US Central Bank Digital Currency
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that “policy issues are equally important.” Fed Chair Powell on CBDC Progress During a hearing before the House Financial Services Committee on Wednesday, Congressman...
ACE & New Anti-Piracy Coalition Target South Korean Video Piracy Globally
Millions of subscribers to Western streaming services will testify to the South Korean content explosion of recent years. The ‘Korean Wave’ cultural phenomenon, boosted by movies and TV shows such as Squid Game, Train to Busan, and Parasite, is something to behold. From the successes of BTS and Psy’s Gangnam Style to the magnificent ‘Oldboy’ released two decades ago, South Korean entertainment quite rightfully receives worldwide...
EU Upload Filters Mark the End For File-Sharing Site Hellspy
To the global audience, Hellspy may not be a household name, but in the Czech Republic, it’s widely known. Founded in 2009, the file-sharing and hosting platform grew out to become one of the country’s most-visited websites. This didn’t go unnoticed by copyright holders, including the RIAA, who repeatedly complained about widespread piracy on the platform. Operating in the face of legal pressure is a challenge, but Hellspy always felt...
What is an edge-native application?
What is an edge-native application? fdesbiens Fri, 03/10/2023 – 03:00 Cloud-native. Those two simple words redefined how we build, deploy, and even consume software. Twenty-five years ago, when I had hair I could pull on when having trouble with my code, the idea that I would use an office suite contained in my web browser would have sounded like science fiction. And yet, here we are. Gone are the days of installing an office...
