Today's Technology News Summary - New Price for CBAM Initiative

Today's Technology News Summary

A Big Boost to Europe's Climate Change Goals

Materials such as steel, cement, aluminum, electricity, fertilizer, hydrogen, and iron will soon be subject to greenhouse gas emissions fees when imported into Europe. (credit: Monty Rakusen/Getty)

The European Union has soft-launched a new initiative known as the Carbon Border Adjustment Mechanism (CBAM) that will apply a carbon price to heavy industries, even for emissions not occurring on European soil. This policy aims to drive industries worldwide to cut their carbon emissions, contributing to the EU's goal of becoming the world's first carbon-neutral continent. Read more

Apple's Doomed Car Project

Internal disagreements over the direction of the Apple car led the effort to falter for years before being canceled this week. To learn more about the challenges faced by Apple in its car project, click here.

Crypto Firm Gemini to Pay Over $1 Billion Back to Customers

Illustration by Alex Castro / The Verge

The cryptocurrency exchange Gemini has agreed to return $1.1 billion to customers and pay $37 million to New York's Department of Financial Services due to compliance issues related to its Earn program. This settlement highlights the importance of proper management in the cryptocurrency industry. Continue reading

Repo Confusion Attack Affects Over 100K GitHub Repos

Researchers have identified an ongoing repo confusion attack impacting over 100,000 GitHub repositories. This attack involves cloning existing repositories and infecting them with malware loaders, posing a significant threat to the security of GitHub users. To learn more about this concerning development, click here.