TECHNOLOGY

Authored by Tsvetana Paraskova via OilPrice.com,

• AI technology is causing a surge in US power demand, especially from data centers.

• This is pushing up wholesale electricity prices, boosting profits for power producers.

• Consumers are likely to face higher electricity bills as utilities invest in grid upgrades to meet the rising demand.

The U.S. power market is poised for a major shake-up as consumption is soaring amid the AI technology boom.

The surge (more…)

South Africa ranks third in Africa on the Global Organized Crime Index. Johannesburg, Cape Town, and Durban are among the most dangerous cities in the country, suffering from high levels of violent crime, carjackings, robberies, and murders.

Given the South African government's inability to protect individuals and businesses from the chaos, one South African company has developed a non-lethal remote control gun mounted on light poles that shoots intruders. 

Johannesburg-based (more…)

A new space race is emerging in telecommunications.

Low-earth orbit satellite constellations are being constructed in hyperspeed fashion, led by SpaceX's Starlink. Now, AST SpaceMobile is preparing to send the first five commercial satellites to LEO to build out its space-based cellular broadband network.

AST SpaceMobile announced Wednesday after-hours, "First 5 commercial satellites on target for dedicated orbital launch in the first half of September, each the largest-ever (more…)