Tag: Charge

JPMorgan’s Blockchain Lead Is Now in Charge of Ethereum-Based Interbank Information Network

JPMorgan

JPMorgan Blockchain Lead Christine Moy has been promoted to lead the bank’s Ethereum-based Interbank Information Network (IIN), according to a memo sent to employees on Thursday.

  • The network was developed to solve some of the challenges in interbank information sharing, and rivals upstarts including Ripple and Transferwise. It’s powered by Quorum, the permissioned-variant of the Ethereum blockchain acquired by ConsenSys in August.
  • According to JPMorgan, more than 400 banks have joined the network, including more than half of the top 50 banks. 
  • Moy will take the IIN lead from the bank’s global head of clearing, John Hunter, who helped create IIN in 2017. 
  • Hunter is now exclusively focused on clearing but will be a senior adviser to the IIN team, bank spokesperson Jessica Francisco said in an emailed statement.
  • Moy will continue to helm the Blockchain Center of Excellence, where she has led initiatives around digital assets, tokenized payments and
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Texas vs. Texas Tech score: No. 8 Longhorns charge back from 15 down to stave off major upset bid in OT

Texas Tech inducted former wide receiver Michael Crabtree into its Ring of Honor on Saturday, nearly 12 years after he tore the hearts out of the then-top ranked Texas with his game-winning touchdown catch. A few hours later, the Longhorns returned the favor. Down 56-41 with 3:13 to play, No. 8 Texas reeled off a 22-point comeback that will go down as one of the most incredible endings in the history of this Big 12 rivalry.

It began following a 75-yard SaRodorick Thompson touchdown run that, seemingly, put the Red Raiders in front for good. Texas Tech had been hanging around all day but took a 42-38 lead heading into the fourth quarter and then began pulling away. 

Texas Tech, to its credit, was playing well on defense, too. Texas had just 50 yards of offense on 31 plays with three offensive points through the first 26 minutes of the

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Tesla’s stock loses charge after Musk’s battery pitch

(Reuters) – Tesla Inc TSLA.O shares slumped in early Wall Street trading as investors and analysts tried to make sense of Chief Executive Elon Musk’s highly technical “Battery Day” presentation that set lofty targets but was hazy on near-term execution.

FILE PHOTO: The company logo of Tesla cars is seen on the V3 supercharger equipment during the presentation of the new charge system in the EUREF campus in Berlin, Germany September 10, 2020. REUTERS/Michele Tantussi/File Photo

Tesla shares slumped 7.5% in early Wednesday trading, wiping out more than $30 billion in market value from Tuesday’s close. Analysts and investors divided over whether Musk can deliver on his visions of novel, proprietary Tesla batteries that could make electric cars competitive with mass market, petroleum-fueled cars.

Some analysts praised Tesla’s impressive technology, capacity and cost targets. But others said Musk’s promises lacked substance and questioned the three-year

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Texas Tech RB SaRodorick Thompson arrested on reckless driving charge

Texas Tech running back SaRodorick Thompson was arrested in Lubbock on a warrant for reckless driving Monday, according to a report by Shehan Jeyarajah of Dave Campbell’s Texas Football.

According to Jeyarajah’s report, Thompson, a Carrollton Ranchview graduate, posted bond and was released less than three hours after being taken into custody. The incident in question happened in late June, according to a report from the Lubbock Avalanche-Journal, and involved Texas Tech sophomore wide receiver Caden Leggett, who was arrested on June 27.

Records indicate Thompson faces a Class B misdemeanor charge of racing and also is accused of fleeing the scene during the incident.

“SaRodorick Thompson was notified late last week that there had been a misdemeanor warrant issued in his name,” Texas Tech said in a statement Monday afternoon.

“Thompson and his lawyer are currently cooperating with the Lubbock Police Department and have done so since the incident

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Tesla Supercharger glitch gives free charge to EVs in Europe

Super-fast charging for Tesla electric vehicles just arrived in new cities in Germany. The only problem? Any electric vehicle can take advantage of the new charging stations. For free. 

The V3 Supercharger stations were installed around Berlin and are in other parts of Europe after a 2019 launch of the fast-charging system in California. Tesla says the higher-level connection gives 75 miles of range in five minutes. Tesla drivers in Germany are charged 0.33 Euros per kWh and the Model 3 sedan has a 50 kWh battery, so a full battery charge would be about 16 Euros.

The charging network is supposed to be exclusive to Tesla owners, but the physical connector at the European stations fits into other electric vehicle ports. Normally, the software should require a Tesla account to allow the electrons to flow and a connected credit card to pay for the juice. But that’s not happening

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MBPD using new technology to find, charge drug dealers

MYRTLE BEACH, SC (WBTW) – As reported overdoses increase in the City of Myrtle Beach, police are using new technology to find and charge drug dealers.

The Myrtle Beach Police Department is using the Overdose Detection Mapping Application Program to identify overdose hotspots.

“Very rarely are we seeing straight heroin anymore. It’s more and more fentanyl based. Part of what we’re seeing is these victims don’t know what they’re ingesting, unfortunately,” said Sgt. Beam with Street Crime Unit.

As stronger, sometimes deadly deals are made, police follow overdose trends.

“What we’re doing is using this map to identify hotspots that are going on throughout the city,” said Detective Bryan Stillwell.

Overdose mapping detection gives police the age, gender, and location of an overdose victim and where they were found.

When a hotspot is identified, crime units are dispatched to investigate and gather evidence.

Stillwell says police are working to build

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Tech, “Stay-At-Home” Stocks, And Walmart Leading The Charge In Hot September Start

Key Takeaways:

  • September’s early rally continues, led by momentum in “stay at home” stocks
  • Macy’s
    M
    shares rise ahead of the bell after reporting narrower than expected losses
  • Auto sales in focus one day after strong U.S. manufacturing data

The rally band just keeps marching on and marching on and marching on, much to the chagrin of those who say we can’t keep going straight up.

September’s sizzling start goes against the grain in what tends to be a tough month for the market. Since 1945, September is the worst month for the S&P 500 Index (SPX) as far as average return, and the SPX has risen less than 50% of the time, according to research firm CFRA.

Momentum can mean a lot, however, and this September follows the best August since the 1980s. The powerful momentum right now is what we’re seeing in “stay at

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