$5

Despite Virgin Orbit’s Challenges, Spacetech Funding Remains Stable

Source Node: https://platodata.network/platowire/despite-virgin-orbits-challenges-spacetech-funding-remains-stable/
Time Stamp: March 31, 2023 3:55 PM - Modified On: March 31, 2023 - Published By:
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Republished By Plato

Virgin Orbit, the satellite launch company founded by Sir Richard Branson, has faced several challenges in recent months. In May 2020, the company's first attempt to launch a rocket into space failed due to a malfunction in the rocket's engine. Then, in July 2020, Virgin Orbit announced that it would be laying off around 350 employees due to the economic impact of the COVID-19 pandemic.Despite these setbacks, spacetech funding remains stable. In fact, according to a report by Space Capital, a venture capital firm focused on the space industry, spacetech

Why Managed IT Services Need to Prioritize Disaster Recovery Planning

Source Node: https://platodata.network/platowire/why-managed-it-services-need-to-prioritize-disaster-recovery-planning/
Time Stamp: March 31, 2023 11:15 AM - Modified On: March 31, 2023 - Published By:
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Disasters can strike at any time, and they can have a devastating impact on businesses of all sizes. From natural disasters like hurricanes and floods to cyber attacks and hardware failures, there are many potential threats that can disrupt your business operations and cause significant financial losses. That's why it's essential for managed IT services to prioritize disaster recovery planning.Disaster recovery planning is the process of creating a plan to restore your IT systems and data in the event of a disaster. This plan should include procedures for backing up

LGES, a supplier for Tesla, plans to increase investment in Arizona battery plant to $5.5 billion.

Source Node: https://platodata.network/platowire/lges-a-supplier-for-tesla-plans-to-increase-investment-in-arizona-battery-plant-to-5-5-billion/
Time Stamp: March 27, 2023 2:07 AM - Modified On: March 27, 2023 - Published By:
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Republished By Plato

LG Energy Solution (LGES), a South Korean battery manufacturer and supplier for Tesla, has announced plans to increase its investment in its Arizona battery plant to $5.5 billion. The move comes as the demand for electric vehicles (EVs) continues to rise, and the need for reliable and efficient battery technology becomes more critical.The Arizona plant, which is currently under construction, is expected to be one of the largest lithium-ion battery plants in the world, with a production capacity of 35 gigawatt-hours (GWh) per year. The facility will produce batteries for

Fintech Statistics to Watch Out for Between 2023 and 2025

Source Node: https://zephyrnet.com/some-exciting-fintech-stats-2023-2025/
Time Stamp: March 21, 2023 6:24 PM - Modified On: March 21, 2023 - Published By:
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Published by Plato

The fintech industry has been growing at an unprecedented rate over the past few years, and this trend is expected to continue in the coming years. With the rise of digitalization and the increasing adoption of mobile devices, fintech companies are poised to disrupt traditional financial services and change the way we manage our money.Here are some fintech statistics to watch out for between 2023 and 2025:1. Global fintech investment is expected to reach $310 billion by 2025.According to a report by Accenture, global fintech investment is expected to reach

Euler Finance Recovers $5.4M Lost to DeFi Hacker

Source Node: https://zephyrnet.com/defi-hacker-returns-5-4m-to-euler-finance/
Time Stamp: March 20, 2023 5:07 AM - Modified On: March 20, 2023 - Published By:
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Published by Plato

The world of decentralized finance (DeFi) has been rocked by a major security breach. On August 7th, 2020, Euler Finance, a decentralized finance protocol, announced that a hacker had stolen $5.4 million worth of cryptocurrency from its platform. The attack occurred when the hacker exploited a vulnerability in Euler's smart contract code. The hacker was able to withdraw funds from the Euler Finance platform without authorization. The stolen funds included Ethereum, USDC, and DAI tokens. In response to the attack, Euler Finance took immediate action to secure its platform and

Euler Finance Recovers $5.4M After DeFi Hacker Attack

Source Node: https://zephyrnet.com/defi-hacker-returns-5-4m-to-euler-finance/
Time Stamp: March 20, 2023 5:07 AM - Modified On: March 20, 2023 - Published By:
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Published by Plato

On April 16th, 2021, the decentralized finance (DeFi) platform Euler Finance announced that it had successfully recovered $5.4 million of the $7.2 million stolen by a hacker in a recent attack. This is a major victory for the DeFi community, as it shows that even when a hacker is successful in stealing funds, there are ways to recover them. The attack occurred on April 13th, when a hacker exploited a vulnerability in Euler Finance’s smart contract code. The hacker was able to steal $7.2 million worth of Ethereum (ETH) and

“New Report Identifies Most Affordable Suburbs Within 10km of Sydney CBD”

Source Node: https://zephyrnet.com/sydney-best-value-suburbs-within-10km-of-cbd-revealed/
Time Stamp: March 18, 2023 4:45 PM - Modified On: March 18, 2023 - Published By:
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Published by Plato

A new report has identified the most affordable suburbs within 10km of Sydney CBD. The report, conducted by property analysts CoreLogic, examined the median house prices of suburbs within 10km of the CBD and found that the most affordable suburbs are located in the city’s south-west.The report found that the most affordable suburb within 10km of Sydney CBD is Cabramatta West, with a median house price of $638,000. This is followed by Guildford West ($650,000), Chipping Norton ($655,000) and Smithfield ($660,000). All four suburbs are located in the city’s south-west,