Silvergate Raced To Cover $8.1 Billion in Withdrawals During Crypto Meltdown
The collapse of crypto exchange FTX sparked a run on Silvergate Capital, forcing the bank to sell assets at a steep loss to cover some $8.1 billion in withdrawals. Crypto-related deposits plunged 68% in the fourth quarter, the bank said in an early release of some quarterly results. To satisfy Read more…
NVIDIA’s GeForce Now Game Streaming Is Coming To Cars
NVIDIA has announced that it’s bringing GeForce Now game streaming to cars using the company’s Drive platform. The rollout will offer access to titles like Cyberpunk 2077 on a driver display while you’re charging or parked, or any time from the backseat. The cloud gaming option already has initial support Read more…
Panasonic To Stop Making Rice Cookers in Japan After Six Decades
Despite being the birthplace of the humble rice cooker, a decline in appetites for the grain and cost savings to be found elsewhere are prompting Panasonic to end production in Japan. Instead, the Osaka-based manufacturer will transfer production to the eastern Chinese city of Hangzhou by June 2023, according to Read more…
News Flash
The key elements in human thinking are not numbers but labels of fuzzy sets. — L. Zadeh






