Revolut received a restricted UK banking licence, moving closer to full authorisation and finalising its operations over the next 12 months.
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Social technology updates, including social media platform news, gaming insights and social analysis.
LGES slashes sales targets due to weak EV demand and US election risks, opting to scale back expansions and maximise current capacity. Despite the challenges, LGES shares have seen a rebound, jumping 4.2%. Shares in LGES rival Samsung SDI rose 3%, and SK Innovation, which owns battery maker SK On, gained 1.2%.
CRED has unveiled CRED Money, designed to assist India’s affluent to manage their finances and obtain a clearer picture of their cash flow. Utilising India’s account aggregator framework, the feature analyses users’ transactions through data science algorithms to provide financial insights and identify spending patterns and investment opportunities.
Nvidia has approved Samsung’s HBM3 chips for use in its H20 GPU, designed for the Chinese market and compliant with U.S. export controls. Samsung is still undergoing testing for Nvidia’s fifth-generation HBM3E chips, with the current approval limited to the HBM3 variant.
A disaster recovery plan requires requires team formation, clear objectives, infrastructure mapping, solution selection, and ongoing review. A disaster recovery plan is essential for business continuity, ensuring operations and data are protected against crises through a structured response and recovery strategy.
Essential elements include a detailed asset inventory, risk assessment, and clear RTO and RPO objectives for efficient data recovery. A robust plan also encompasses effective communication strategies, partner and vendor coordination, comprehensive backup solutions, defined roles, and regular testing to maintain business resilience.
Eight phases are prevention, preparation, identification, response, recovery, business continuity, post-recovery and continuous improvement. The necessity for continuous plan enhancement is highlighted, stressing regular updates for technological and regulatory alignment to maintain business resilience.
OUR TAKE The unprecedented global IT outage caused by CrowdStrike’s software glitch highlights the critical need for more robust testing…
OUR TAKE Soldatov, a nuclear physicist by training, began his career at the Kurchatov Institute of Atomic Energy, the Soviet Union’s…
EV chargers are classified as Level 1, Level 2 and Level 3, each with different charging speeds and power requirements. Choosing the Right Chargers involves considering charging speed requirements and usage habits to enhance the EV charging experience.
The good news for EV owners is that electric chargers are indeed designed to be universal and user-friendly as technology advances. Ensuring secure and efficient charging, the evolution of EV infrastructure paves the way for a promising future in sustainable transport.
OUR TAKETikTok is set to restart its e-commerce strategy in Europe with the launch of its in-app shopping feature TikTok…