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A London-listed advertising technology provider has caved into shareholder pressure and abandoned plans to recalibrate a multimillion-pound executive pay scheme. Sky News has learnt that Tremor International has withdrawn two resolutions that were scheduled to be voted on at its annual meeting on Wednesday. They related to a repricing of share options and an increase
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Ride-share giant Lyft announced new incentives to encourage drivers to switch to electric vehicles with additional earnings opportunities and discounts on charging. Lyft’s new offerings for electric vehicles Transitioning to electric vehicles in the ride-share industry is crucial. According to studies, ride-hailing trips can result in significantly higher pollution rates at times. For example, a
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The National Ignition Facility target chamber at the Lawrence Livermore National Laboratory is where scientists shoot lasers and watch and measure what happens when those lasers collide on a fuel source. Temperatures of 100 million degrees and pressures extreme enough to compress a target up to 100 times the density of lead are created in
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A federal indictment was unsealed Tuesday alleging widespread fraud by FTX co-founder Sam Bankman-Fried, a day after the fallen crypto exchange operator was arrested in the Bahamas in connection with the charges. The indictment in U.S. District Court in Manhattan charges Bankman-Fried with eight criminal counts: conspiracy to commit wire fraud and securities fraud, individual
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US scientists have carried out the first ever nuclear fusion experiment to achieve a net energy gain, paving the way for a “clean energy source that could revolutionise the world”. During a landmark news briefing at the Lawrence Livermore National Laboratory in California, officials revealed the successful fusion experiment had taken place last week. As
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The former boss of one of the world’s biggest cryptocurrency exchanges has been criticised after he was charged with defrauding investors out of $1.8bn (£1.5bn). Sam Bankman-Fried, the founder of FTX, was charged by the US Securities and Exchange Commission (SEC). John Ray, who was named Chief Executive of FTX after Bankman-Fried stepped down and
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The UK is facing a wave of strikes this winter, with at least one walkout a day ahead of Christmas, as staff from different industries seek better pay. From transport to the NHS, education to delivery drivers, tens of thousands of workers are expected to take action as recession grips the UK and the cost
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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