Samsung Names Jay Y. Lee as Executive Chairman

Jay Y. Lee, Samsung’s de facto chief, has been appointed the firm’s executive chairman, the firm’s board of administrators introduced Wednesday. The transfer comes a small more than two months after Lee was granted a presidential pardon for his function in a corruption scandal that rocked South Korea.

The appointment was granted thanks to “the present unsure global small business ecosystem and the urgent want for much better accountability and business balance,” the board stated in a assertion.

Samsung announced Lee’s appointment just after putting up a 31% decrease in third-quarter revenue, its very first 12 months-more than-yr quarterly drop in almost three many years.

Lee was Samsung’s vice chairman and had acted as the company’s de facto head because his father, Lee Kun-Hee, suffered a heart attack in 2014. He confronted up to 12 a long time in prison after currently being charged with bribery in 2017. The circumstance was part of a corruption scandal that led to the impeachment of former South Korean President Park Geun-hye. 

Lee was granted parole and released from prison in August 2021, right after serving two and a half years on a five-calendar year sentence on bribery, perjury and embezzlement charges. The pardon, granted in August 2022 by South Korean President Yoon Suk-yeol, was widely observed as a mainly symbolic go that would let him to consider manage of the electronics huge.

Lee experienced often denied the allegations versus him in court, but his convictions would have prevented him from being ready

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A 100% reserve is a must for any stablecoin: Wemade CEO

A stablecoin that is not steady is an “oxymoron,” mentioned Henry Chang, chief government officer of South Korea-based mostly blockchain sport developer Wemade Co. Ltd., at the Blockchain Week in Busan (BWB2022) party on Thursday.

See related posting: South Korea’s MIR4 maker Wemade launches stablecoin

Rapid points

  • “For the previous six months, stablecoin was in truth taboo amongst the crypto and blockchain scene,” the Wemade CEO reported throughout his keynote speech, alluding to the collapse of Korea-born Terra’s algorithmic stablecoin.
  • Stablecoins will have to have a stable reserve as a first prerequisite, Chang stated. “If a stablecoin [project] says they have issued a hundred bucks truly worth of stablecoins, they will need to have a hundred dollars.”
  • Wemade not long ago released its have stablecoin WEMIX$ on the identical week it revealed its most recent blockchain mainnet, WEMIX 3.. WEMIX$ is completely backed by USD Coin (USDC), which is pegged to the U.S. greenback, according to Wemade. 
  • Chang stressed the great importance of stablecoins as they could carry price tag balance to crypto-primarily based property these kinds of as non-fungible tokens (NFTs).
  • Chang also believes that within just a few decades, over 50,000 games will have formed their very own tokenomics, and that the WEMIX 3. blockchain will be the platform to enable them make that transition. 
  • Wemade, established in 2018, has introduced about 20 blockchain-dependent video game titles, this kind of as engage in-and-receive Mmog MIR4 World-wide which recorded around 1.4 million concurrent consumers last yr in accordance to
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Solar + Battery Storage = Power Grid Independence

Two Enphase IQ 10 Batteries were installed in my garage

Those of you who have been around me or this blog for the past few years know that I’m a fan of tech, green energy, electric vehicles, and of course solar power. At the end of 2019, I went solar and documented it here. My electric bill dropped by more than half and I’ve been very happy with my system. No complaints. It just works! However, there was something that I knew I would ultimately want to complete the system and I mentioned it back then. battery storage!

A solar system without battery storage will only go so far

Solar only, no battery storage. Excess power is going back to the grid

Adding solar panels to your home will almost immediately start paying off by reducing or even eliminating the power you need from the grid. That’s the upside! However, unless your system is PERFECTLY designed to match your energy needs AND you’re on a Net Metering Plan, you’re going to either overproduce or underproduce power. There will be times throughout the day when you may even be doing both.

For example, let’s say it’s an extremely sunny day and nobody is home. That means that your system is likely producing more power than your home is consuming at that moment. Where does that excess energy go? Back to the grid. Depending on your power company you may or may not be able to take advantage of that excess power.

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The iOS System That Changes Your Driving Experience

Apple has revolutionized the world since its establishment in 1976. It has become one of the most successful start-ups in the world, and now it’s an essential part of people’s lives. By realizing its potential, developers have included the iOS system into cars’ software to make people’s rides safer and easier. Let’s see how this technology changes the road experience. 

CarPlay, the Ultimate Co-Pilot

CarPlay has been developed so that people can use their iPhones when driving. The system is already installed in the car’s built-in display, so you won’t have to acquire it yourself, but you can still add CarPlay to your current vehicle using an aftermarket system. With your CarPlay 

Dashboard, you can fully control your smartphone and still pay attention to the road. You can use these features directly from the dashboard or the voice control button on the steering wheel to activate Siri. Here’s what you can do with CarPlay:

carplay

https://unsplash.com/photos/vEbmGrevc8s

Maps in the iOS System

If you’re driving to work every day or are an enthusiastic traveller, you must know how frustrating it is to get lost in traffic. At the same time, having a feature that can tell you the traffic’s condition in real-time, you might be able to avoid traffic jams and save time on your rides. Here’s how CarPlay can help you:

  • It predicts where you want to go based on your emails, text messages, contacts and calendars.
  • It enables you to explore new cities by providing road details, neighborhoods, trees,
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ISS Avoids Collision (and Having to Exchange Info) With Russian Space Junk

International Space Station
Artsiom P/Shutterstock.com

On Monday evening, the Worldwide Area Station seen some Russian house junk in its aspect see mirror, which was closer than it appeared, and fired its thrusters to keep away from an incident.

The collision could have been risky, not to point out inconvenient, taking into consideration how prolonged it takes to exit a room station and exchange insurance policy information.

“This evening, the International Place Station’s Development 81 thrusters fired for 5 minutes, 5 seconds in a Pre-Identified Debris Avoidance Maneuver (PDAM) to offer the elaborate an additional measure of length away from the predicted observe of a fragment of Russian Cosmos 1408 debris,” NASA explained in its common design and style of a fully easy to read assertion.

It was a bit of a close contact, but a near simply call by room criteria (not like when you narrowly dodge a grocery cart in a parking whole lot). The debris fragment would have passed within 3 miles (5 kilometers) of the station, so the station skedaddled into a higher orbit

The place junk was not the result of Russian cosmonauts taking out the trash or some male in Moscow putting way too a great deal lighter fluid on his barbeque. Instead, it’s thanks to Russia blowing up a defunct Cosmos 1408 satellite in a 2021 missile check that was heavily-criticized.

That explosion made about 1,500 parts of particles at the time, and U.S. officials condemned the anti-satellite missile exam, calling it “a reckless and

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10 Web Design Tips for a Stellar Website

web-design-tips-for-a-stellar-website

Supply: Unsplash.com

In accordance to widespread feeling, a website’s achievements does not hinge solely on how it looks. The website’s style ought to be leading-notch. In today’s entire world, the most successful web-site layouts set the client experience initially. Any net designer is aware that a site’s options, navigation tabs, phone calls to action, and anything else should do the job harmoniously to provide a first-price person expertise.

Factors of a website’s design and style should not be produced just based mostly on own desire. Despite the fact that a web-site with flashy hues, several features, and an aesthetically pleasing textual content screen may be sure to the designer, it will be for naught if its end users locate it difficult to navigate.

Though optimizing for user-centric design is an exercising that relies seriously on research into what buyers prefer or be expecting in a certain niche. Though there is no magic bullet for building a consumer-welcoming web page, a number of foundational concepts can established a designer on the route to good results.

If you’ve been performing on your web site for a when, you probably shouldn’t undertake a self-review given that you will not be in a position to evaluate it unbiasedly. Assume about choosing somebody who is not emotionally invested in the end result. In this impartial investigation, equally the strengths and flaws of your internet site and alternatives for enhancement will turn out to be noticeable.

You may perhaps get begun on the road to excellent

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