(Bernama filepix) - A + A DENGKIL (Jan 17): Works Minister Datuk Seri Fadillah Yusof has directed PLUS Malaysia Bhd (PLUS) to find a solution to the congestion issue reportedly happening at its toll plazas, following the implementation of the Radio Frequency Identification technology system (RFID). According to him, the pioneering RFID system implemented by PLUS was supplied by Touch 'n Go Sdn Bhd (TnG). “I have contacted them (PLUS and TnG) after receiving complaints, and I have asked them to explain to the public and come out with a solution (to the problem) arising from the implementation of RFID,” he said. “When it is a pioneering project, it will face certain issues that need to be solved,” said Fadillah when met by the media after observing the opening of the Dengkil Bridge at FT31 (Jalan Banting Semenyih) Seksyen 20.80 here on Monday (Jan 17). Online media and netizens have claimed that the traffic at several toll plazas like at Bandar Seri Putra, … [Read more...] about RFID: PLUS needs to find solution to congestion at toll plazas, says Fadillah
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Share to Twitter Share to Linkedin Frankfurt, January 12, 2022 - Last year, the market capitalization of cryptocurrencies reached $3 trillion USD for the first time. At the beginning of the 2021, it was less than $800 billion USD. DeFi now has a total value locked (TVL) of $100 billion USD on Ethereum alone. But NFTs have been the most surprising, flanked by complementary areas like metaverse and GameFi. Who can claim to have foreseen these developments? Looking into the future is notoriously difficult. Nevertheless, we dare to make predictions for the year 2022. It will be exciting to see whether they come true. 1. Bitcoin price reaches $100,000 USD and the crypto asset market grows in breadth and depth Rising inflation rates make scarce assets like Bitcoins (BTCs) increasingly attractive. Bitcoin is not only the oldest, most decentralized, and best-known cryptocurrency - a distinctive feature compared to other cryptocurrencies is its limited supply of 21 … [Read more...] about 10 Predictions For Blockchain, Crypto Assets, DeFi, And NFTs For 2022
O n a Monday in April, Shannon Spanhake stood at the front of Cleo’s office as her executive team lined up beside her. It had been only a few months since her parenting benefits startup had raised its latest round of funding—$27.5 million from blue-chip venture capital firm NEA—and Cleo’s CEO and cofounder was telling staff to push harder. A lot harder. The San Francisco-based company’s 50-person workforce needed to spend more time in the office and raise their performance to what she considered “an A-plus-stage appropriate team,” according to four former and current employees who heard the talk. She wanted no complainers. There was not enough hustle and not enough presence at work. One bullet point from the slideshow spelled it out: “Expect to work 50- to 60-hour weeks.” Her presentation got cut short before she could get to the next part. The company’s work-from-home policy was being eliminated. The harangue stunned some of Cleo’s employees, who felt that it flew in the … [Read more...] about Exclusive Investigation: How Lies And a Troubled Workplace Brought Down The Founder Of $115 Million Cleo
Share to Twitter Share to Linkedin Martine Rothblatt , a speaker at the Forbes' 2016 Philanthropy Summit, knows how to translate moonshot ideas to reality. Her first came when she was hitchhiking around the world and supporting herself as a musician playing in hotels. In the Seychelles, she got a chance tour of a NASA satellite facility and immediately was inspired to build satellites so small but still so powerful that " everyone in the world could be tuned into the same music." When she got back to America, she enrolled at University of California, Los Angeles and majored in communications engineering. By 1990, Sirius Satellite Radio was born. Three years later, it went public. (Current market cap: $19.6B). But Rothblatt was soon pushed into biotechnology after her daughter Jenesis developed a rare disease, pulmonary arterial hypertension. S he left Sirius to look for a cure. (At the time, most afflicted died within two years, and the best therapy … [Read more...] about From SiriusXM To Pig Cloning: A Q&A With America’s Most Successful Transgender CEO Martine Rothblatt
Share to Twitter Share to Linkedin Bitcoin, cryptocurrencies and NFTs have had a mixed beginning to 2022, with the bitcoin price recording one of its worst-ever starts to a new year. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains However, the non-fungible token (NFT) market has gone from strength to strength as marketplace OpenSea generated nearly $2.7 billion in volume since January 1 and is on track for its highest volume month ever. Ethereum and its biggest rivals Binance's BNB, solana and cardano have also struggled along with bitcoin. Now, after an investment giant issued a shock bitcoin prediction , cryptocurrencies and NFTs are braced for some of the biggest names in crypto to come together for the North American Bitcoin Conference—with billionaire investor Mark Cuban set to join crypto-friendly Miami Mayor Francis Suarez on stage. Subscribe now to … [Read more...] about Bitcoin, Crypto And NFTs Are Braced For A Big Week As Extreme Price Swings Hit Ethereum, BNB, Solana, Cardano And XRP
Brex’s two twenty-something founders are now billionaires, thanks to a lofty new funding round announced this week that nearly doubled the valuation of their five-year-old fintech firm. The San Francisco-based startup—which is aiming to overhaul the corporate credit card—confirmed on Tuesday that it has raised $300 million in a funding round led by investment firms Greenoaks Capital and Technology Crossover Ventures (TCV), giving it a $12.3 billion valuation—a sizable jump from the $7.4 billion valuation it fetched just nine months ago. Cofounders (and co-CEOs) Henrique Dubugras, 26, and Pedro Franceschi, 25, each hold a 14% stake in Brex, Forbes estimates, worth about $1.5 billion apiece. ( Forbes discounts the value of privately held companies.) The pair declined to comment on Forbes’ estimates but Dubugras did speak with Forbes about his startup’s path to success. The young fintech has made a name for itself with a corporate credit card tailored to the needs of … [Read more...] about Two Friends Who Met On Twitter In High School Are Latest Under-30 Billionaires
Share to Twitter Share to Linkedin The fact that we are in the grip of a global energy crisis is now beyond doubt. In the UK there are a slew of energy businesses going into administration, and pleas for government bailouts for energy intensive manufacturers. In the domestic economy, there are spiralling numbers of old people who, having survived Covid-19, are forecast to perish unless the winter is exceptionally mild. In recent months, France has seen some of its fastest growing green energy suppliers lose customers at a rapid rate, as the green premium looks increasingly unaffordable. Hydroption, a supplier of low carbon electricity, has been placed under judicial administration after failing to pay its suppliers and debts. India has suffered too, with shortages of coal in the second half of 2021 leading to outages and curbs imposed on energy hungry industries. In China, companies in the industrial heartlands have been told to limit consumption, and … [Read more...] about Will The Energy Crisis Help Clean-Up Bitcoin?