Italian software company Bending Spoons made its Wall Street debut this week, pricing shares above the range it had initially targeted. The company sold stock at $29 apiece — higher than the $26–$28 window it had guided investors toward — bringing in roughly $1.68 billion. Trading opened on July 1 under the ticker BSP. The…
Luxembourg's digital landscape, reliant on secure platforms like LuxTrust for online authentication and transactions, has been under siege by a sophisticated phishing operation. This large-scale scam, which has defrauded over 700 victims of more than €10 million, has seen significant breakthroughs recently with key arrests made across Europe. Authorities are intensifying their efforts to dismantle…
When Electricity Confused Everyone
In 1890, electricity was the most exciting technology on earth. Investors poured fortunes into “central station” power plants—giant facilities generating direct current (DC) for a few city blocks. By 1900, over 3,000 electric utilities had been founded in the United States alone. By 1910, most had gone bankrupt.
Why?…
