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Technological advances are transforming everything from transportation and manufacturing to financial services and healthcare. These advances make digital transformation imperative for organizations to adapt to shifting marketplace realities. Nine out of 10 executives surveyed by Accenture see accelerating digital transformation as essential to success.

“Digital transformation is redefining how companies operate across all areas of a business,” says Eisar Lipkovitz, chief information officer and product line general manager of Cloud Platform Services for JPMorgan Chase, the world’s largest bank in terms of market capitalization. By transitioning architecture and operations to the cloud, Lipkovitz says, JPMorgan Chase aims to improve customer experience and products, adopt modern data practices, and discover operational efficiencies.

For many organizations, digital transformation has meant shifting to cloud-based architectures, tools, and processes. Working in the cloud and building cloud-native applications means quicker release updates, rapid scalability due to distributed compute power, optimized cost structures, and access to specialized tools that simplify tasks like testing, monitoring, and security.

JPMorgan Chase’s comprehensive digital transformation initiative uses public cloud computing to address governance, culture, and customer needs, Lipkovitz adds, and is a crucial path to stay competitive.

Drivers of change include simplification

For JPMorgan Chase, simplifying its complex IT infrastructure under cloud technology better serves its customers and clients, permits quicker innovation, and enhances security. “Our largest customers need to make trades and move money globally,” Lipkovitz says. “They’re looking for simplification.”

Alongside simplification, digital transformation is also driven by a need to provide better products for customers, while still addressing security vulnerabilities and regulatory requirements. According to Gartner’s 2022 Hype Cycle for Digital Banking Transformation, public cloud is one of four technologies likely to transform the banking sector by 2024. Other technologies include chatbots, social messaging payment apps, and banking-as-a-service, which enables non-banks or non-financial institutions to provide financial services.

focus on the cloud and security

Like many large enterprises, some of JPMorgan Chase’s software was built in-house over decades of work. Much of this software remains robust—such as the legacy card processing systems still used globally. Digital transformation does not necessarily mean older systems will be replaced; instead, many are well-suited to be adapted, and freed from their dependence on mainframes, says Lipkovitz. Public cloud and cloud-native technologyare increasingly used to renovate these systems, helping organizations eliminate technical debt, quicken development cycles, and modernize technology stacks.

The modern technology stacks of financial services companies must be highly secure. For established cloud providers, Lipkovitz notes, “security at this point is really table stakes.” Cloud services today come with robust security out of the box, giving developers of cloud-based applications a head start from a security standpoint. “Not only do we need to be secure and safe, we must be able to attest to it, to demonstrate it,” says Lipkovitz.

One way to demonstrate data security and compliance is with infrastructure as code (IaC), which provisions and manages infrastructure through code instead of through physical hardware configuration or with configuration tools. As organizations migrate to the cloud and adopt modern technologies—such as serverless cloud, containers, and Kubernetes—infrastructure must be monitored and secured at an increasingly granular level. IaC can provide the tools to accomplish this.

With IaC, developers can quickly and easily reproduce a specific version of an environment to see where changes were made (and by whom), or see the origins of a bug or flaw in the system. This transparency helps in the auditing process and with regulatory compliance, and is particularly valuable in highly regulated industries such as financial services, where customers expect their data to be secure and protected.

At JPMorgan Chase, Lipkovitz’s team employs zero-trust security frameworks that lock

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By: MIT Technology Review Insights
Title: The cloud is key for financial services undergoing digital transformation
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Published Date: Wed, 14 Dec 2022 15:00:00 +0000


LeBron James Begs For Media To Stop Speculating On Bronny’s Future After Big Mock Draft Change

<figure style="display: block; margin-bottom: 1rem;"><img width="925" height="520" src="" class="attachment-large size-large wp-post-image" alt="Bronny James NBA Draft LeBron" decoding="async" loading="lazy" srcset=" 1600w, 300w, 768w, 1024w, 1536w, 107w, 902w, 622w, 1244w, 291w, 582w" sizes="(max-width: 925px) 100vw, 925px" /></figure><img width="150" height="150" src="" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Bronny James NBA Draft LeBron" decoding="async" loading="lazy" srcset=" 150w, 100w, 200w" sizes="(max-width: 150px) 100vw, 150px" /><figure class="wp-block-image size-large" id="emb-1"><img decoding="async" width="1600" height="900" src="" alt="Bronny James NBA Draft LeBron" class="wp-image-1578297" srcset=" 1600w, 300w, 768w, 1024w, 1536w, 107w, 902w, 622w, 1244w, 291w, 582w" sizes="(max-width: 1600px) 100vw, 1600px" /></figure>

<p id="par-1_28">LeBron James has repeatedly stated that he wants to play in the NBA alongside Bronny. However, the four-time champion and four-time MVP is tired of the outside speculation.</p>

<p id="par-2_13">His eldest son is going to do what makes sense for him. Period.</p>

<p id="par-3_82">Bronny, who is set to wrap up his first regular season at USC on March 9, may or may not choose to turn pro after one year of college basketball. LeBron seemingly put himself in a position to leverage his contract with the Lakers in a manner that might force them to draft the 19-year-old freshman in June. It will expire this year, and his decision on where to sign next <em>might</em> correlate to which team is willing to draft his son.</p>

<p id="par-4_8">That decision will be made down the road.</p>

<p id="par-5_29">In the meantime, Bronny is focused on the things that he can control. LeBron made that abundantly clear in a statement on X, formerly known as Twitter, on Monday.</p>

<p id="par-6_36">ESPN removed Bronny from its 2024 <a href="" target="_blank" rel="noreferrer noopener">NBA</a> mock draft and bumped him to 2025. Naturally, the internet ran wild with the move— even though nobody outside of the James family knows what is going to happen.</p>

<h3 class="wp-block-heading" id="h-lebron-james-saw-the-chatter-about-bronny-s-future-and-asked-everybody-to-chill-out">LeBron James saw the chatter about Bronny’s future and asked everybody to chill out.</h3>

<p id="par-7_50">“Can yall please just let the kid be a kid and enjoy college basketball,” he said. “The work and results will ultimately do the talking no matter what he decides to do. If y’all don’t know he doesn’t care what a mock draft says, he just WORKS! Earned Not Given!”</p>

<p id="par-8_16">He also issued a message to other athletes who are chasing their dreams like his son.</p>

<p id="par-9_44">“And to all the other kids out there striving to be great just keep your head down, blinders on and keep grinding,” Bronny added. “These Mock Drafts doesn’t matter one bit! I promise you! Only the WORK MATTERS!! Let’s talk REAL BASKETBALL PEOPLE! <img src="×72/270c.png" alt="✌" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="×72/1f451.png" alt="👑" class="wp-smiley" style="height: 1em; max-height: 1em;" />”</p>

<p id="par-10_44">Although LeBron is coming from a good place, he has been the catalyst for much of the conversation surrounding Bronny’s future in the NBA. He is the one who keeps talking about his desire to play alongside his son. Not the other way around.</p>

<p id="par-11_36">People are going to talk about anyone with the last name James. It comes with the territory. If <a href="" target="_blank" rel="noreferrer noopener">LeBron James</a> and <a href="" target="_blank" rel="noreferrer noopener">Bronny James</a> truly want the speculation to stop, they need to make a definitive statement.</p>
<p>The post <a href="">LeBron James Begs For Media To Stop Speculating On Bronny’s Future After Big Mock Draft Change</a> appeared first on <a href="">Sportscasting | Pure Sports</a>.</p>


By: Grayson Weir
Title: LeBron James Begs For Media To Stop Speculating On Bronny’s Future After Big Mock Draft Change
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Published Date: Mon, 26 Feb 2024 22:34:03 +0000

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How Antarctica’s history of isolation is ending—thanks to Starlink

Mawson and sledge Adelie Land Antarctica 1912 scaled

“This is one of the least visited places on planet Earth and I got to open the door,” Matty Jordan, a construction specialist at New Zealand’s Scott Base in Antarctica, wrote in the caption to the video he posted to Instagram and TikTok in October 2023.

In the video, he guides viewers through an empty, echoing hut, pointing out where the men of Ernest Shackleton’s 1907 expedition lived and worked—the socks still hung up to dry and the provisions still stacked neatly in place, preserved by the cold.

Jordan, who started making TikToks to keep family and friends up to date with his life in Antarctica, has now found himself at the center of a phenomenon. His channels have over a million followers. The video of Shackleton’s hut alone has racked up millions of views from all over the world. It’s also kind of a miracle: until very recently, those who lived and worked on Antarctic bases had no hope of communicating so readily with the outside world.

Antarctica has long been a world apart. In the 19th and early 20th centuries, when dedicated expeditions began, explorers were cut off from home for years at a time, reliant on ships sailing back and forth from civilization to carry physical mail. They were utterly alone, the only humans for thousands of miles.

This made things difficult, emotionally and physically. With only the supplies they had on hand, explorers were limited in the scientific experiments they could conduct. They couldn’t send an SOS if they needed help (which was fairly often). And also—importantly, because many relied on publicity for funding—they couldn’t let the world know what was going on.

In 1911, an Australian expedition led by Douglas Mawson was the first to take an antenna to the continent and attempt to transmit and receive wireless signals. But while Mawson was able to send a few messages during the team’s first season, he never received any back, so he didn’t know if his had been successful.

The winds at their base at Cape Denison, on the Antarctic coast directly south of Australia, raged at 70 kilometers an hour—every day, every night, for months on end. They finally succeeded in raising the mast during their second winter, only to be faced with a different problem: their radio operator was unable to work, having suffered psychosis during the six months of darkness. So the expedition was left isolated again.

While Antarctic telecommunications have been steadily improving ever since the first permanent bases were established, many decades after Mawson’s ill-fated trip, life on the ice has always been characterized by some level of disconnection. And as life at home has become ever more dependent on constant connection, instant updates, streaming, and algorithms, living in Antarctica has been seen as a break—for better and for worse—from all the digital hustle-bustle.

But the end of that long-standing disparity is now in sight. Starlink, the satellite constellation developed by Elon Musk’s company SpaceX to service the world with high-speed broadband internet, has come to Antarctica, finally bringing with it the sort of connectivity enjoyed by the world beyond the ice.

Mawson and sledge Adelie
Douglas Mawson and his team had difficulty
raising a radio antenna during the expedition
they embarked on in 1911.
 a ticker tape parade for Admiral Byrd returning from Antartica in New York CityRead More


By: Allegra Rosenberg
Title: How Antarctica’s history of isolation is ending—thanks to Starlink
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Published Date: Mon, 26 Feb 2024 10:00:00 +0000

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Trump wants to unravel Biden’s landmark climate law. Here is what’s most at risk.

GettyImages 1853587512 crop scaled

President Joe Biden’s crowning legislative achievement was enacting the Inflation Reduction Act, easily the nation’s largest investment into addressing the rising dangers of climate change.

Yet Donald Trump’s advisors and associates have clearly indicated that dismantling the landmark law would sit at the top of the Republican front-runner’s to-do list should he win the presidential election. If he succeeds, it could stall the nation’s shift to cleaner industries and stunt efforts to cut the greenhouse-gas pollution warming the planet.

The IRA unleashes at least hundreds of billions of dollars in federal subsidies for renewable energy sources, electric vehicles, batteries, heat pumps, and more. It is the “backbone” of the Biden administration’s plan to meet the nation’s commitments under the Paris climate agreement, putting the US on track to cut emissions by as much as 42% from 2005 levels by the end of this decade, according to the Rhodium Group, a research firm. 

But the sprawling federal policy package marks the “biggest defeat” conservatives have suffered during Biden’s tenure, according to Myron Ebell, who led the Environmental Protection Agency transition team during Trump’s administration. And repealing the law has become an obsession among many conservatives, including the authors of the Heritage Foundation’s Project 2025, widely seen as a far-right road map for the early days of a second Trump administration.

The IRA’s tax credits for EVs and clean power projects appear especially vulnerable, climate policy experts say. Losing those provisions alone could reshape the nation’s emissions trajectory, potentially adding back hundreds of millions of metric tons of climate pollution this decade.

Moreover, Trump’s wide-ranging pledges to weaken international institutions, inflame global trade wars, and throw open the nation’s resources to fossil-fuel extraction could have compounding effects on any changes to the IRA, potentially undermining economic growth, the broader investment climate, and prospects for emerging green industries.

Farewell to EV tax credits

The IRA leverages government funds to accelerate the energy transition through a combination of direct grants and tax credits, which allow companies or individuals to cut their federal obligations in exchange for buying, installing, investing in, or producing cleaner power and products. It is enacted law, not a federal agency regulation or executive order, which means that any substantial changes would need to be achieved through Congress.

But the tax cuts for individuals pushed through during Trump’s time in office are set to expire next year. If he wins a second term, legislators seeking to extend those cuts could crack up the tax code and excise key components of the IRA, particularly if Republicans retain control of the House and pick up seats in the Senate. Eliminating any of those tax credits could help offset the added cost of restoring those Trump-era benefits.

Numerous policy observers believe that the pair of EV tax credits in the IRA, which together lop $7,500 off the cost of electric cars and trucks, would be one of the top targets. Subsidizing the cost of EVs polls terribly among Republicans, and throughout the primaries, most of the party’s candidates for president have fiercely attacked government support for the vehicles—none more than Trump himself. 

Close up of former President Trump pointing directly at camera while speaking at a campaign event in Iowa
Former President Donald Trump speaks at a campaign event in Iowa.SCOTT OLSON/GETTY IMAGES

On the campaign trail, he has repeatedly, erroneously referred to the policy as a mandate rather than a subsidy, while geographically tailoring the critique to his audience.

At a December rally in Iowa, the nation’s biggest corn producer, he pledged to cancel “Crooked Joe Biden’s insane, ethanol-killing electric-vehicle mandate on day one.”

And in the battleground state of Michigan in September, he pandered to the fears of autoworkers.

“Crooked Joe is siding

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By: James Temple
Title: Trump wants to unravel Biden’s landmark climate law. Here is what’s most at risk.
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Published Date: Mon, 26 Feb 2024 10:00:00 +0000

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