MNI - Market News

Pioneers Tackle Environmental Concerns Arising from Energy Consumption

Retrieved on:

Tuesday, August 9, 2022

NEW YORK, Aug. 9, 2022 /PRNewswire/ -- The united political front fighting against greenhouse gas emissions and championing renewable energy has marked a victory this week. Senate Democrats delivered a major win for President Biden on Sunday, passing a bill that will devote hundreds of billions of dollars to clean energy sources and speed the U.S. transition away from fossil fuels. According to a report by Politico, The Inflation Reduction Act would accelerate U.S. emission cuts and put the country on a path to reduce greenhouse gases by 40% below 2005 levels by 2030, significantly narrowing the gap with the goal that was previously set under the Paris climate agreement. Most importantly, the bill includes USD 369 Billion in climate and energy provisions that will transform how Americans get their energy and shape the country's climate and industrial policy for decades. SAI.TECH Global Corporation (NASDAQ: SAI), Coinbase Global, Inc. (NASDAQ: COIN), Riot Blockchain, Inc. (NASDAQ: RIOT), Hut 8 Mining Corp. (NASDAQ: HUT), HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE)

Key Points:

Most importantly, the bill includes USD 369 Billion in climate and energy provisions that will transform how Americans get their energy and shape the country's climate and industrial policy for decades.
By recent estimates, the Bitcoin network uses as much energy in one year as the country of Argentina.
SAIHUB is equipped with patented liquid cooling technology which replaces hundreds of fans with circulation pumps in most traditional air-cooled miners to reduce chip cooling's energy consumption and improve cooling reliability.
"As energy demand in ERCOT reached all-time highs this past month, the Company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas.

Cutting Edge Robotic Technology Simplifies Household Maintenance

Retrieved on:

Friday, August 5, 2022

NEW YORK, Aug. 5, 2022 /PRNewswire/ -- Domestic robots are becoming more and more popular. In fact, recent years have shown the segment to be in high demand. Typically, a domestic robot is a service robot used for various household activities such as floor cleaning, pool cleaning, lawn mowing, or for various medical and disinfecting purposes. Such robots are usually autonomous in nature and are controlled by an integrated control system. Of course, innovation plays a major role in making these robots convenient and easy to use. The continuous development of technology with respect to interaction, cognition, and manipulation has made the use of domestic robots attractive in the overall household segment. And, according to data provided by Mordor Intelligence, the household robots market was valued at USD 6.81 Billion in 2021. Furthermore, it is expected to reach USD 21.94 Billion by 2027, while registering a CAGR of 20.50% during the forecast period of 2022-2027. E-Home Household Service Holdings Limited (NASDAQ: EJH), iRobot Corp. (NASDAQ: IRBT), NVIDIA Corporation (NASDAQ: NVDA), Teradyne, Inc. (NASDAQ: TER), UiPath Inc. (NYSE: PATH)

Key Points:

The continuous development of technology with respect to interaction, cognition, and manipulation has made the use of domestic robots attractive in the overall household segment.
E-Home Household Service Holdings Limited(NASDAQ: EJH ) announced earlier this week breaking news that, "the Company has begun testing of robot cleaners in providing household services.
With regard to the growing interest from our consumers who are pushing technology to innovate, E-Home redefines AI technology application in household cleaning, bringing this futuristic lifestyle closer to everyone.
The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers.

Cutting Edge Robotic Technology Simplifies Household Maintenance

Retrieved on:

Friday, August 5, 2022

NEW YORK, Aug. 5, 2022 /PRNewswire/ -- Domestic robots are becoming more and more popular. In fact, recent years have shown the segment to be in high demand. Typically, a domestic robot is a service robot used for various household activities such as floor cleaning, pool cleaning, lawn mowing, or for various medical and disinfecting purposes. Such robots are usually autonomous in nature and are controlled by an integrated control system. Of course, innovation plays a major role in making these robots convenient and easy to use. The continuous development of technology with respect to interaction, cognition, and manipulation has made the use of domestic robots attractive in the overall household segment. And, according to data provided by Mordor Intelligence, the household robots market was valued at USD 6.81 Billion in 2021. Furthermore, it is expected to reach USD 21.94 Billion by 2027, while registering a CAGR of 20.50% during the forecast period of 2022-2027. E-Home Household Service Holdings Limited (NASDAQ: EJH), iRobot Corp. (NASDAQ: IRBT), NVIDIA Corporation (NASDAQ: NVDA), Teradyne, Inc. (NASDAQ: TER), UiPath Inc. (NYSE: PATH)

Key Points:

The continuous development of technology with respect to interaction, cognition, and manipulation has made the use of domestic robots attractive in the overall household segment.
E-Home Household Service Holdings Limited(NASDAQ: EJH ) announced earlier this week breaking news that, "the Company has begun testing of robot cleaners in providing household services.
With regard to the growing interest from our consumers who are pushing technology to innovate, E-Home redefines AI technology application in household cleaning, bringing this futuristic lifestyle closer to everyone.
The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers.

Businesses Turn to the Metaverse to Offer Innovative Services

Retrieved on:

Thursday, July 21, 2022

NEW YORK, July 21, 2022 /PRNewswire/ -- The metaverse could potentially become the next major technological market, as it attracts various industries and a wide range of clientele. Generally, the metaverse is a term used to describe a highly immersive 3D virtual world experience obtained through the use of a mixture of technologies such as AR, VR, and MR (mixed reality). As such the metaverse platform could potentially elevate the overall internet experience by establishing a virtual world in which users can engage in immersive gaming, conduct business, socialize, buy and sell virtual real estate, and enjoy immersive entertainment, among other things. And according to Grand View Research, the global metaverse market size was estimated at USD 38.85 Billion in 2021. Now, it is expected to expand at a compound annual growth rate (CAGR) of 39.4% from 2022 to 2030. E-Home Household Service Holdings Limited (NASDAQ: EJH), Met Platforms, Inc. (NASDAQ: META), Unity Software, Inc. (NYSE: U), NVIDIA Corp. (NASDAQ: NVDA), Roblox Corporation (NYSE: RBLX)

Key Points:

And according to Grand View Research, the global metaverse market size was estimated at USD 38.85 Billion in 2021.
For marketers, the metaverse represents an opportunity to engage consumers in entirely new ways while pushing internal capabilities and brand innovation in new directions."
The program underpins the Company's vision of bringing a new approach to skills development and customer engagement.
FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services.

Businesses Turn to the Metaverse to Offer Innovative Services

Retrieved on:

Thursday, July 21, 2022

NEW YORK, July 21, 2022 /PRNewswire/ -- The metaverse could potentially become the next major technological market, as it attracts various industries and a wide range of clientele. Generally, the metaverse is a term used to describe a highly immersive 3D virtual world experience obtained through the use of a mixture of technologies such as AR, VR, and MR (mixed reality). As such the metaverse platform could potentially elevate the overall internet experience by establishing a virtual world in which users can engage in immersive gaming, conduct business, socialize, buy and sell virtual real estate, and enjoy immersive entertainment, among other things. And according to Grand View Research, the global metaverse market size was estimated at USD 38.85 Billion in 2021. Now, it is expected to expand at a compound annual growth rate (CAGR) of 39.4% from 2022 to 2030. E-Home Household Service Holdings Limited (NASDAQ: EJH), Met Platforms, Inc. (NASDAQ: META), Unity Software, Inc. (NYSE: U), NVIDIA Corp. (NASDAQ: NVDA), Roblox Corporation (NYSE: RBLX)

Key Points:

And according to Grand View Research, the global metaverse market size was estimated at USD 38.85 Billion in 2021.
For marketers, the metaverse represents an opportunity to engage consumers in entirely new ways while pushing internal capabilities and brand innovation in new directions."
The program underpins the Company's vision of bringing a new approach to skills development and customer engagement.
FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services.

A Changing Climate Places New Importance on Comprehensive Waste Management

Retrieved on:

Wednesday, July 20, 2022

NEW YORK, July 20, 2022 /PRNewswire/ -- Recycling and waste management play an important role in the fight against climate change. Solid waste directly contributes to greenhouse gas emissions through the generation of methane from the anaerobic decay of waste in landfills, and the emission of nitrous oxide from our solid waste combustion facilities. Both of these greenhouse gases have high global warming potential: methane has 21 times the warming potential of carbon dioxide and nitrous oxide has 310 times the warming potential. According to the Clean Development Mechanism (CDM) and Joint Implementation (JI) of the Kyoto protocol, there is a great potential for addressing methane emissions by reducing the amount of waste that ends up in a landfill. Globally nearly 70% of our solid waste is landfilled, a meagre 19% is recovered through composting or recycling, and the remaining 11% is converted to energy through incineration or other waste-to-energy technologies. E-Home Household Service Holdings Limited (NASDAQ: EJH), Waste Management, Inc. (NYSE: WM), Republic Services, Inc. (NYSE: RSG), Waste Connections, Inc. (NYSE: WCN), NextEra Energy, Inc. (NYSE: NEE)

Key Points:

NEW YORK, July 20, 2022 /PRNewswire/ -- Recycling and waste management play an important role in the fight against climate change.
Solid waste directly contributes to greenhouse gas emissions through the generation of methane from the anaerobic decay of waste in landfills, and the emission of nitrous oxide from our solid waste combustion facilities.
The contracts have been awarded following E-Home's announcement to launch specialized waste classification, energy saving and emission reduction household Services on July 14.
Next, we'll continue expand our efforts to more waste management options, including energy-from-waste facilities that provide a means for waste disposal while also generating clean electricity.

A Changing Climate Places New Importance on Comprehensive Waste Management

Retrieved on:

Wednesday, July 20, 2022

NEW YORK, July 20, 2022 /PRNewswire/ -- Recycling and waste management play an important role in the fight against climate change. Solid waste directly contributes to greenhouse gas emissions through the generation of methane from the anaerobic decay of waste in landfills, and the emission of nitrous oxide from our solid waste combustion facilities. Both of these greenhouse gases have high global warming potential: methane has 21 times the warming potential of carbon dioxide and nitrous oxide has 310 times the warming potential. According to the Clean Development Mechanism (CDM) and Joint Implementation (JI) of the Kyoto protocol, there is a great potential for addressing methane emissions by reducing the amount of waste that ends up in a landfill. Globally nearly 70% of our solid waste is landfilled, a meagre 19% is recovered through composting or recycling, and the remaining 11% is converted to energy through incineration or other waste-to-energy technologies. E-Home Household Service Holdings Limited (NASDAQ: EJH), Waste Management, Inc. (NYSE: WM), Republic Services, Inc. (NYSE: RSG), Waste Connections, Inc. (NYSE: WCN), NextEra Energy, Inc. (NYSE: NEE)

Key Points:

NEW YORK, July 20, 2022 /PRNewswire/ -- Recycling and waste management play an important role in the fight against climate change.
Solid waste directly contributes to greenhouse gas emissions through the generation of methane from the anaerobic decay of waste in landfills, and the emission of nitrous oxide from our solid waste combustion facilities.
The contracts have been awarded following E-Home's announcement to launch specialized waste classification, energy saving and emission reduction household Services on July 14.
Next, we'll continue expand our efforts to more waste management options, including energy-from-waste facilities that provide a means for waste disposal while also generating clean electricity.

Waste Management is Quickly Becoming a Staple for Household Service Providers

Retrieved on:

Thursday, July 14, 2022

NEW YORK, July 14, 2022 /PRNewswire/ -- Energy efficiency delivers a number of environmental benefits as it notably reduces greenhouse gas (GHG) emissions. This occurs in both direct emissions from fossil fuel combustion or consumption, and indirect emissions reductions from electricity generation. Currently, a wide range of strategies are available to help organizations reduce GHG emissions including supply chain management, waste reduction and diversion, using high-capacity energy storage systems, increasing fuel efficiency and electrification of transportation, amongst others. However, the broader waste sector alone was responsible for 110.3 million metric tons of carbon dioxide (CO2) equivalent in 2019, according to data from the U.S. EPA's Greenhouse Gas Reporting Program. The waste sector ranks as one of the highest reporting contributors, behind facilities classified under categories such as power plants, oil and gas, non-fluorinated chemicals, refineries, and minerals. E-Home Household Service Holdings Limited (NASDAQ: EJH), NextEra Energy, Inc. (NYSE: NEE), ChargePoint Holdings, Inc. (NYSE: CHPT), Stem, Inc. (NYSE: STEM), Acuity Brands, Inc. (NYSE: AYI).

Key Points:

E-Home Household Service Holdings Limited (NASDAQ: EJH), NextEra Energy, Inc. (NYSE: NEE), ChargePoint Holdings, Inc. (NYSE: CHPT), Stem, Inc. (NYSE: STEM), Acuity Brands, Inc.(NYSE: AYI).
Carbon footprint services include managed services and professional services that aid in the management of an organization's carbon footprint.
E-Home Household Service Holdings Limited(NASDAQ: EJH) just announced breaking news regarding, a new "carbon neutral" initiative to provide specialized waste classification, energy saving and emission reduction household services.
and advocating customers to use this designated service for environment-friendly sorting of waste.

Waste Management is Quickly Becoming a Staple for Household Service Providers

Retrieved on:

Thursday, July 14, 2022

NEW YORK, July 14, 2022 /PRNewswire/ -- Energy efficiency delivers a number of environmental benefits as it notably reduces greenhouse gas (GHG) emissions. This occurs in both direct emissions from fossil fuel combustion or consumption, and indirect emissions reductions from electricity generation. Currently, a wide range of strategies are available to help organizations reduce GHG emissions including supply chain management, waste reduction and diversion, using high-capacity energy storage systems, increasing fuel efficiency and electrification of transportation, amongst others. However, the broader waste sector alone was responsible for 110.3 million metric tons of carbon dioxide (CO2) equivalent in 2019, according to data from the U.S. EPA's Greenhouse Gas Reporting Program. The waste sector ranks as one of the highest reporting contributors, behind facilities classified under categories such as power plants, oil and gas, non-fluorinated chemicals, refineries, and minerals. E-Home Household Service Holdings Limited (NASDAQ: EJH), NextEra Energy, Inc. (NYSE: NEE), ChargePoint Holdings, Inc. (NYSE: CHPT), Stem, Inc. (NYSE: STEM), Acuity Brands, Inc. (NYSE: AYI).

Key Points:

E-Home Household Service Holdings Limited (NASDAQ: EJH), NextEra Energy, Inc. (NYSE: NEE), ChargePoint Holdings, Inc. (NYSE: CHPT), Stem, Inc. (NYSE: STEM), Acuity Brands, Inc.(NYSE: AYI).
Carbon footprint services include managed services and professional services that aid in the management of an organization's carbon footprint.
E-Home Household Service Holdings Limited(NASDAQ: EJH) just announced breaking news regarding, a new "carbon neutral" initiative to provide specialized waste classification, energy saving and emission reduction household services.
and advocating customers to use this designated service for environment-friendly sorting of waste.

Improving Cloud Computing Capabilities Expand Data Connectivity Services

Retrieved on:

Tuesday, July 12, 2022

NEW YORK, July 12, 2022 /PRNewswire/ -- The Internet of Things (IoT) is a system of interconnected devices dedicated to performing a single or a set of functions. And in recent years, thanks to major innovations in technology, the IoT market has grown significantly. Nowadays, IoT is being used across a wide range of industries, allowing complex functionalities through smart applications, devices, and systems such as smart lights, autonomous vehicles, smart televisions, smartphones, and wearables. As a result, IoT technology is pushing other industries to design systems with improved data storage, processing, and analyzing abilities to rapidly expand business operations. According to data provided by Allied Market Research the global IoT market size was valued at USD 740.47 Billion in 2020, and is projected to reach USD 4,421.62 Billion by 2030, while growing at a CAGR of 19.67% from 2021 to 2030. uCloudlink Group Inc. (NASDAQ: UCL), Tuya Inc. (NASDAQ: TUYA), Samsara Inc. (NYSE: IOT), Sierra Wireless, Inc. (NASDAQ: SWIR), Splunk Inc. (NASDAQ: SPLK)

Key Points:

Generally, cloud computing technology was designed to help businesses and governments use remote servers hosted on the internet to store, manage, and process critical data.
Empowered by UCLOUDLINK's expertise in data connectivity services, Tuya's smart products will benefit from UCLOUDLINK's cloud SIM technology and hyper-connectivity solution to access reliable, better, and high-quality internet data connectivity services, helping users expedite the process of digital transformation and enabling them to enjoy the benefits provided by the enhanced IoT solutions,' said Chaohui Chen, Director and CEO of UCLOUDLINK.
The possible surge in demand for IoT cloud services will create significant business growth opportunities for UCLOUDLINK.
As the pioneer technology solution provider in the data connectivity sector, UCLOUDLINK will keep collaborating with more business partners worldwide to accelerate the development of IoT industry in the cloud era."