Facebook parent company Meta has just reported its earnings for the second quarter of 2022, and it was another quarter of shrinking profits. Engadget reports: Total revenue of $28.8 billion was only down one percent compared to Q2 one year ago, but net income dropped 36 percent to $6.7 billion. Read more…
In early July protests broke out in Karakalpakstan, an autonomous region surrounded by deserts in Uzbekistan. It turned nasty on the evening of July 1 when the police began shooting people. The state said that at least 18 people died, with hundreds of others injured. The protests, which occurred in Read more…
Saudi Arabia’s Crown Prince Mohammed bin Salman said they are planning an initial public offering of the Kingdom’s $500 billion megaproject Neom as soon as 2024. Talking to reporters in Jeddah, the crown prince said the Kingdom is setting aside $80 billion for Neom Investment Fund, where it would invest Read more…
The Ocean Cleanup, a nonprofit trying to rid the world’s oceans of plastic, announced that it’s “officially removed more than 100,000 kg of plastic from the Great Pacific Garbage Patch (GPGP).” The impressive milestone is almost 4x as much garbage it announced it removed last October. CEO Boyan Slat writes Read more…
Two major glaciers in Antarctica may be shedding ice faster now than they have at any point in the past 5,500 years, new research suggests. The melting ice could lead to more than 11 feet of global sea level rise in the next several centuries, according to a new study Read more…
“Record-breaking heat across Texas has pushed its fragile power grid to the brink,” reports NBC News. “But extreme temperatures are doing something else in the famously pro-business state: stirring opposition to energy-guzzling crypto miners who’ve flocked there seeking low-cost energy and a deregulatory stance.” Ten industrial-scale crypto miners will consume Read more…
Dutch reforestation company Land Life started what has become a 35,000 acre forest fire in Spain earlier this week. The fire started in Bubierca, a province of Zaragoza, the capital of autonomous community Aragon, when a Land Life contractor planting trees accidentally set off sparks that ignited nearby plant life. Read more…