Author: TheSpuzz Desk

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here. What’s the best way for software to communicate? If you ask the planners of the 2022 GraphQL Summit, they’ll often say “GraphQL,” the query language that’s gaining traction thanks to its reputation for turning succinct requests into elaborate and complete answers.  GraphQL is a query language like XML, JSON and SQL that programmers use to write out requests for data from databases and APIs. Facebook (now Meta) started it in 2012 to simplify the company’s complex demands for information,…

Read More

A damning new report gives American electric utilities failing grades on addressing climate change. Instead of transitioning quickly to clean energy, according to the report, many utilities in the US are propping up aging coal plants and expanding polluting gas infrastructure. “These companies’ supposed climate commitments are mostly greenwashing,” says the report published yesterday by environmental group Sierra Club and University of California, Santa Barbara associate professor Leah Stokes. In other words, utilities are paying lip service to climate change without doing enough to actually tackle the crisis.“These companies’ supposed climate commitments are mostly greenwashing”The assessment of US utilities includes…

Read More

Ever since losing around 80% of its value from its all-time high, Bitcoin has been questioned as a store of value and a digital equal to gold. The digital currency still records the best performance for any asset across the last decade, but critics are fast to point out past year’s losses. However, Bitcoin might be set to take control of its narrative once again as the digital version of gold, the cryptocurrency outperformed legacy financial markets and managed to hold off the bears from its current levels. At the time of writing, BTC’s price trades at $20,000 with a…

Read More

According to a new study published by the Basel Committee on Banking Supervision, a supranational organization responsible for setting the standards on bank capital, liquidity and funding, 19 out of 182 global banks supervised by the committee reported ownership of digital assets. Combined, their total exposure to crypto is estimated to be €9.4 billion .  In context, this represents 0.14% of the total risk-weighted asset composition of the 19 crypto-owning banks surveyed. When taken into account overall, cryptocurrencies only comprise about 0.01% of the total risk-weighted assets of all 182 banks under the Basel Committee’s supervision. Two banks made up…

Read More

Mumbai-based IDFC First Bank has revised interest rates on bulk fixed deposits between ₹2 crore to ₹25 crore after RBI hiked the repo rate by another 50 basis points to 5.9%. The minimum tenure begins from 7 days to a maximum of 10 years. Senior citizens can earn an additional 0.5% on these interest rates. The highest rate offered is 7.2% — which is inflation-beating as CPI is currently at 7%. Overall, on these bulk FDs, the interest ranges from 4.9% to 7.20%. The new rates have come into effect from October 4, 2022. The bank offers a 7.25% interest…

Read More

India’s benchmark indices rallied over 2 per cent on Tuesday, mirroring gains in other global markets, as a sharp decline in the US Treasury yields following soft economic data triggered hopes that the Federal Reserve would take a less aggressive path to monetary tightening. After climbing to 3.95 per cent last week, the yield on the 10-year US bond slipped to 3.62 per cent on Tuesday following the lower-than-anticipated US manufacturing data. Meanwhile, the Reserve Bank of Australia raised interest rates by a quarter point against the expectation of a half-point increase, sparking speculation that other global central…

Read More

Ukraine’s President Volodymyr Zelensky spoke with PM Narendra Modi on Tuesday New Delhi: Ukraine’s President Volodymyr Zelensky, after speaking with Prime Minister Narendra Modi on phone today, in a statement said he “emphasized the importance of strengthening the Ukrainian-Indian partnership against the backdrop of Russian aggression against Ukraine.” Here’s the full statement by Mr Zelensky on the phone conversation with PM Modi: President of Ukraine Volodymyr Zelenskyy had a phone call with Prime Minister of India Narendra Modi. During the conversation, the Head of State emphasized the importance of strengthening the Ukrainian-Indian partnership against the backdrop of Russian aggression against…

Read More

Interested in learning what’s next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today. Relic Entertainment announced today it’s delaying its upcoming RTS title, Company of Heroes 3. Originally scheduled for release on November 11, it’s now launching on February 23, 2023. According to Relic, the delay is to do more fine-tuning of the game. Justin Dowdeswell, Relic’s general manager, said in a statement, “We want to deliver the biggest and most immersive game in our franchise’s history, which means we need a bit more time for…

Read More

Today, the European Parliament voted overwhelmingly in favor of new legislation that would eventually require all mobile phones sold in the EU to use a USB-C port for wired charging. The proposed rules, which lawmakers reached an initial agreement on back in June, mean that Apple is likely to have to remove the decade-old Lightning connector from its phones and switch to USB-C if it wants to continue selling them in one of its most lucrative global markets. The EU’s aim is to reduce e-waste. If more devices are interoperable with the same cables, then the EU thinks fewer electronic devices…

Read More

Crypto is coming to the streaming service Amazon due to a Coinbase initiative. Via his official Twitter handle, the CEO of crypto exchange Coinbase, Brian Armstrong, announced the launch of a documentary focused on the crypto industry. The documentary will premiere this Friday, October 7th, 2022. The movie was directed by Greg Kohs a writer, producer, editor, and cinematographer, and will be based on the nascent industry and the exchange platform since 2019. Koks has been working in documentaries since 1997, the upcoming Coinbase movie for Amazon is his most recent project following two short documentaries, and a full feature…

Read More