Author: Jerry Smith

I'm a news writer from New Jersey. I graduated from Duke University with a degree in Economics in 2022 and worked as a sports editor for The Chronicle.

Realiste, a Dubai-based property specialist utilizing AI technology, has published a report disclosing the ten priciest neighborhoods in Dubai. Surprisingly, Palm Jumeirah did not make the cut. Jumeirah Bay ranked number one on the list with an average apartment price of AED20m ($5.4m), as per the research findings. Dubai’s Most Expensive Neighbourhoods Jumeirah Bay, AED20m Al Sufouh Second Part 2, AED15.8m Al Sufouh First Part 2, AED15.8m Al Sufouh Second Part 1, AED15.m Umm Suqeim Second Part1, AED9m Arabian Ranches, AED6.6m Bluewaters Island, AED6.6m Zaabeel First Part 2, AED5.6m Al Yufrah 1, AED5.1m Wadi Al Safa 3 Part 2, AED5m…

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Cryptography is based on algorithms, which are mathematical equations developed to scramble plain text and make it unreadable until it’s decrypted at the other end. Over time, these cryptographic algorithms change and evolve. However, until recently, most algorithms still relied on the math behind the RSA standards from over 40 years ago. The newest algorithms have been developed by the National Institute of Standards and Technology (NIST), which selected finalist encryption methods designed to withstand attacks from a quantum computer. As computation changes and the RSA security algorithms become outdated, it’s important to address how to manage the migration to…

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The yield curve is widely regarded as a reliable predictor of a recession, and it has been suggesting that a recession may be on the horizon since mid-2022. However, the S&P 500 has shown a significant increase from its lows in October of last year and is currently only slightly below year-to-date highs, which appears to contradict concerns about a recession. Nevertheless, the fixed income markets are anticipating that the Federal Reserve may cut interest rates by the summer, potentially as a response to a recession in the United States. The Evidence From The Bond Markets The inverted yield curve…

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In the past decade, digital transformation has revolutionized various industries and government agencies worldwide. Digital technologies such as cloud computing, data analytics, artificial intelligence, and the internet of things (IoT) have provided governments with numerous opportunities to improve service delivery and reduce costs. As a result, government digital transformation has become a global trend that is rapidly increasing. One of the main drivers of government digital transformation is the need to meet citizens’ growing expectations. As citizens become more tech-savvy, they expect their government services to be accessible online and delivered seamlessly. By embracing digital technologies, governments can streamline service…

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John Lewis, the UK’s leading department store chain, has been a household name for over 150 years. However, in recent years, the company has struggled to keep up with changing consumer habits, leading to a decline in sales and profits. In an address to staff in March 2021, John Lewis CEO Pippa Wicks acknowledged that the company’s business model needs urgent reform. She highlighted the need to adapt to the changing retail landscape and the shift towards online shopping. Wicks noted that the company has been too slow to embrace digital transformation and invest in e-commerce capabilities. As a result,…

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Ransomware attacks on NAS devices are a well-known occurrence, and the reasons behind it are clear. First, NAS devices usually store important data that is critical for individuals and organizations. Second, NAS systems are designed to hold and manage significant amounts of data. Third, the NAS market is substantial and rapidly expanding, with an estimated revenue of $25.08 billion in 2021, projected to reach $91.23 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 20.3% for the forecast period. NAS devices are a popular target for ransomware attacks due to the critical data that is often stored on…

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AI

Artificial intelligence (AI) has been a topic of debate for several years, with many questioning its potential threat to humanity. While AI has already made significant advancements in various industries, including healthcare, finance, and transportation, concerns have been raised about the dangers of AI and its potential impact on society. The development of AI technology has the potential to revolutionize industries and improve our lives in ways we never thought possible. From self-driving cars to smart homes, AI has the potential to make our lives easier and more convenient. However, with these advancements come risks that must be addressed. One…

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Photosynthesis is the process by which plants convert sunlight, carbon dioxide, and water into energy. It is the foundation of life on Earth and is responsible for producing the oxygen we breathe. Despite its importance, photosynthesis has been limited in its ability to provide renewable energy to humanity. However, recent research has discovered a “leak” in photosynthesis that could potentially fill humanity’s energy bucket. Scientists from the University of Sheffield and the University of Cambridge have discovered a way to enhance the efficiency of photosynthesis by identifying a “leak” in the process. During photosynthesis, plants convert sunlight into energy through…

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Exchange-traded funds (ETFs) have become increasingly popular investment vehicles over the past decade, due to their flexibility, diversification, and low costs. One of the less known advantages of ETFs is their tax efficiency, which can be a significant factor in achieving long-term investment goals. In this article, we will explore the power of ETF tax efficiency and how investors can benefit from it by investing in the TAXF ETF. First, it is essential to understand the tax implications of traditional mutual funds versus ETFs. Mutual funds are required to distribute capital gains and dividends to their shareholders, which are subject…

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Rolls-Royce CEO Tufan Erginbilgic has made significant changes to the company’s top leadership since joining in January. On Friday, the FTSE 100 firm announced that Helen McCabe, currently senior VP of finance for BP’s customers and products division, would take over as CFO, replacing Panos Kakoullis who will step down at the end of August. Rob Watson, who has been leading the electric aviation unit, will now head the crucial civil aerospace business. Meanwhile, Adam Riddle has been appointed as the new head of Rolls-Royce’s defence unit and the chair and CEO of Rolls-Royce North America. The reshuffle comes after…

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