On 14 March, the Commission proposed to reform the EU’s electricity market design as part of the Green Deal Industrial Plan. Throughout the energy crisis, the EU’s electricity market design has shown various shortcomings, including unsustainably high electricity bills for consumers and the EU’s inability to sufficiently support industry. The proposed reform focuses on aspects requiring urgent adjustments to make the market more resilient and to reduce the impact of gas prices on electricity bills. The EU’s Energy Commissioner Kadri Simson marked that the proposal will not alter the...

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Industry 4.0 offers great promise, but with this promise comes risk. A host of cybersecurity vulnerabilities require careful attention. In this series, we have explained the Industry 4.0 transformation and highlighted the opportunity to harness innovative technologies that weave together physical and digital worlds across disciplines, industries, and economies. Those who effectively harness Industry 4.0 have the power to connect to potentially billions of people and endless resources virtually, vastly improving efficiency along the way. There is a clear business case...

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What a week it has been for tech investment. On Thursday 9th March, most of the world had never heard of Silicon Valley Bank (SVB). By Friday, the second-largest bank failure in US history was all over the news, everywhere. By Sunday, US regulators were using emergency measures to prevent contagion across the banking system. By Monday HSBC had bought the UK arm of SVB for £1. Now, as the digital frenzy unleashed starts to settle, it seems that the...

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Last Updated: March 14, 2023 Considerations relating to Silicon Valley Bank (SVB)’s closure have continued to evolve as a result of the recent announcement by the Federal Deposit Insurance Corporation (FDIC) that it has transferred all deposits—both insured and uninsured—and substantially all assets of the former SVB (including loans and lines of credit) to a newly created, full-service, FDIC-operated ‘bridge bank,’ Silicon Valley Bridge Bank, N.A. (SV BB). Depositors and borrowers of SVB automatically became customers of SV BB and will...

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Montpellier, France, March 13 2023 – CILcare, a company specialized in the R&D of novel therapies for hearing disorders, has the immense pleasure of welcoming four renown researchers in the field of hearing to its Scientific Advisory Board (SAB): Keith Darrow, Stéphane Maison, Aimo Kannt, and Dona Jayakody. Presided by Yves Cazals, formerly employed at the INSERM institute, specialists in psychoacoustics and the treatment of auditory pathologies, CILcare’s SAB will contribute to the development of its synaptopathy pipeline, an...

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In the latest development around the closure of Silicon Valley Bank and the appointment of the Federal Deposit Insurance Corporation (FDIC) as receiver, the FDIC announced today that it has transferred all bank deposits—both insured and uninsured—to a newly created, full-service FDIC-operated “bridge bank.” The FDIC has also transferred over substantially all assets (including all lines of credit of the bank, as clarified in updated FAQs released by the FDIC). The bridge bank, Silicon Valley Bank, N.A. (SVB N.A.),...

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This is the first blog by Dwight Davis, Datacolor Regional Sales Manager, in our series about finding the right tools for digital color management. In this post and the following ones, we’ll cover how to begin your search, making the business case for color management, the different types of color measurement instruments, how to successfully roll out new equipment and more. Our goal is to help you make the best decision possible for your company’s needs. Do you really need...

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Two consecutive quarters of negative growth is the technical definition of a recession. There has been a great deal of debate on whether the economies of the euro area and the UK are in a recession. If growth remains flat or is revised down for the final quarter of 2022, the underlying truth is that growth for the euro area and the UK has been subdued. Although the near-term outlook looks brighter than many expected six months prior, some...

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Austrian politician Klemens von Metternich once mused, “When America sneezes, the rest of the world catches a cold.” The 1929 Wall Street Crash led to the infamous ‘Hungry 30’s’, and the 2008 financial crisis was born in the US. Fast-forward to today, and many Europeans are wondering if America’s latest big sneeze – the Inflation Reduction Act – will mean they’re going to catch a cold soon. What is the Inflation Reduction Act? The Act is the final part of a $2 trillion...

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