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ASIC Starts Investigating the Australian Securities Exchange After the Market Outage That Cost Investors Millions

ASIC Starts Investigating the Australian Securities Exchange After the Market Outage That Cost Investors Millions

Tech News
Last Monday, the Australian Securities Exchange had a 24-hour blackout that cost investors millions of dollars. The blackout lasted all through Monday as the site only came back online on Tuesday morning. Following the crash, the Australian Securities and Investment Commission has launched a full-fledged investigation. ASIC Comes for the Australian Securities Exchange This morning, the ASX confirmed that they are under official investigation from the Australian Securities and Investment Commission. According to their officials, there was a problem with their Centre Point anonymous matching system. The problem prevented traders from using Chi-X offers or bids. At the time of writing, the ASX shares were down by 0.38% after recovery from Monday's massive crash. As trading started on Mo...
Four Astronauts From SpaceX Get Sent to the International Space Station

Four Astronauts From SpaceX Get Sent to the International Space Station

Tech News
Ever since mankind started exploring Space, empty drones and drones with pilots have been sent above for research and development. This morning, SpaceX announced the launch of four new astronauts into the International Space Station. The four astronauts went in the Dragon capsule on a Spaceship called Resilience. SpaceX Sends Four Astronauts to Space SpaceX has been working with Nasa on missions into Space for research. However, this is the first fully-fledged mission that was completed by NASA on a privately owned Spaceship. It came after the historic launch of SpaceX. The Dragon capsule was initially tested successfully in May after years of development and attempts at perfection. The crew members include a Japanese astronaut and three United States NASA astronauts. The Dragon Resi...
Biden’s Win Might Spell Doom for Google, Apple, Facebook, and Other Major Tech Companies

Biden’s Win Might Spell Doom for Google, Apple, Facebook, and Other Major Tech Companies

Tech News
Last week was one of the busiest weeks this year as millions of Americans came out in droves to participate in the electoral process. At first, it was a close call between Joe Biden and Donald Trump. On Friday, things took a different turn and Biden won the presidential election right after taking Pennsylvania. What does this win mean for multinational technology companies like Google, Amazon, Facebook, and Apple?  A Roller-coaster Ride is About to Begin for Big Tech Firms  In October, Google was slammed with an antitrust suit by the Department of Justice in the United States. The company was accused of having too much control over many sectors and abusing its dominance. The suit claimed that Google's actions were directly harming, not just competitors, but consumers as well. After B...