Techlife News #512

Read the most relevant news of the week about the world of technology and its influence on our lives. New products, Apps, acquisitions in the industry, highlights about the digital world and everything about your favorite iGadgets and upgrades. Everything you need to keep well informed. A new concept of light, intelligent, innovative reading at your fingertips. A global view of Tech LifeStyle and its influence on our lives.

United States
Ivan Castilho de Almeida
$4.01(Incl. tax)
$53.63(Incl. tax)
52 Issues

in this issue

3 min
robinhood’s crypto trading surges, as overall growth slows

After helping a new generation of investors get into stocks, Robinhood is increasingly doing the same for cryptocurrencies. More than $4 of every $10 that Robinhood Markets Inc. made in revenue during the spring came just from customers trading dogecoin, bitcoin and other cryptocurrencies. Robinhood also said that it lost $501.7 million, or $2.16 per share, compared with a profit of $57.6 million, or 9 cents per share, in last year’s second quarter. Most of the loss was due to accounting changes related to a fundraising round it undertook early this year. The loss was no surprise after the company had earlier given preliminary estimated results for the quarter. The company’s slowdown in revenue growth was also expected — it more than halved to 131% from 309% in the first three months of…

2 min
under delta, supply chain strains, toyota slashes production

Toyota is scaling back production in North America and Japan as the surging coronavirus pandemic in Southeast Asia and elsewhere crimps supplies. Japan’s top automaker said Thursday that it will cut back production at home by 40%, affecting 14 auto assembly plants in the country. In North America, Toyota said it expects August production to be slashed by 60,000 to 90,000 vehicles. A representative from Toyota said that output fluctuates month to month, but that it would equate to a production cut of between 40% and 60%. “Due to COVID-19 and unexpected events with our supply chain, Toyota is experiencing additional shortages that will affect production at most of our North American plants,” the company said in a prepared statement Thursday. “While the situation remains fluid and complex, our manufacturing and supply chain…

2 min
japan aims to bring back soil samples from mars moon by 2029

Japanese space agency scientists said they plan to bring soil samples back from the Mars region ahead of the United States and China, which started Mars missions last year, in hopes of finding clues to the planet’s origin and traces of possible life. The Japan Aerospace Exploration Agency, or JAXA, plans to launch an explorer in 2024 to land on Phobos, a Martian moon, to collect 10 grams (0.35 ounce) of soil and bring it back to Earth in 2029. The rapid return trip is expected to put Japan ahead of the United States and China in bringing back samples from the Martian region despite starting later, project manager Yasuhiro Kawakatsu said in an online news conference. NASA’s Perseverance rover has landed in a Mars crater where it is to collect 31 samples…

2 min
indiana notifying 750k after covid-19 tracing data accessed

Indiana health officials said they are notifying nearly 750,000 state residents that a cybersecurity company“improperly accessed”their personal data from the state’s online COVID-19 contact tracing survey — a description the company disputed as a“falsehood.” The Indiana Department of Health said the state was notified July 2 that a company gained “unauthorized access” to data, including names, addresses, dates of birth, emails, and data on gender, ethnicity and race. The nearly 750,000 people whose data was accessed represent all of the state’s participants in its online COVID-19 contact tracing survey, said agency spokeswoman Megan Wade-Taxter. state health department does not collect Social Security information for its COVID-19 contact tracing program, and no medical information was obtained. “We believe the risk to Hoosiers whose information was accessed is low,” Box said in a news release. State…

3 min
climate impact of coal sales from us lands scrutinized

U.S. officials launched a review Thursday of climate damage caused by coal mining on public lands as the Biden administration expands its scrutiny of government fossil fuel sales that contribute to greenhouse gas emissions. The review also will consider if companies are paying fair value for coal extracted from public reserves in Wyoming, Montana, Colorado, Utah and other states. Coal combustion for electricity remains one of the top sources of U.S. greenhouse gas emissions, even after many power plants shut down over the past decade because of concerns over pollution. Almost half the nation’s annual coal production — some 250 million tons last year — is mined by private companies from leases on federal land, primarily in Western states. Coal lease sales were temporarily shut down under President Barack Obama because of climate concerns,…

3 min
army: full environmental review of $9.4b plastics complex

A civilian Pentagon official ordered the Army Corps of Engineers to conduct a full environmental assessment of a $9.4 billion Formosa Plastics complex planned in Louisiana, drawing praise from environmentalists. Jaime Pinkham, the Army’s acting assistant secretary for civil works, ordered the review after a virtual meeting with opponents of a Corps wetlands permit that allowed Formosa Plastics Group member FG LA LLC to build 10 chemical plants and four other major facilities on the Mississippi River between Baton Rouge and New Orleans. Critics praised the decision. “The Army Corps has finally heard our pleas and understands our pain. With God’s help, Formosa Plastics will soon pull out of our community,” said a statement by Sharon Lavigne, who founded the local group Rise St. James to fight the planned complex announced in 2018. Formosa,…