TECHNOLOGY

Authored by Jesse Coghlan via CoinTelegraph.com,

The United States Justice Department and the Securities and Exchange Commission told the Supreme Court that an Nvidia investor class-action lawsuit alleging the tech company misrepresented its sales to crypto miners should be greenlit.

Nvidia and the investor group have been in a legal battle since 2018, which has now reached the top US court.

In an Oct. 2 amicus brief, US Solicitor General Elizabeth Prelogar and SEC senior (more…)

The world was abuzz two weeks ago when we learned that the notorious Three Mile Island nuclear power plant – site of the worst nuclear accident in U.S. history – would restart to power Microsoft data centers. As we said at the time, that was only the beginning, as the staggering electricity needs of the coming AI revolution – which we dubbed "the next AI trade" earlier in the year, meant that much more nuclear capacity will have to be either built from scratch or reopened.

Sure (more…)

By Tsvetana Paraskova of OilPrice

Germany hasn’t decided yet if it would support the EU’s plans to officially introduce tariffs on electric vehicles imported from China, the chief economic adviser of German Chancellor Olaf Scholz told Bloomberg TV on Tuesday.

The EU earlier this year imposed provisional tariffs of up to 36% on EVs imported from China, on top of the regular import duty of 10%. The EU member states are expected to vote on Friday on whether to officially (more…)