Canaan Strategically Partnered with Cathay to Launch AI Facial Recognition Module in Japan
Through the partnership, both Cathay and Canaan expect to expand their international coverage as the global economy recovers with the help of technology.
Technology News
Get the latest from technology news: breaking stories and updates on computing, the web, gadgets, social media, as well as tech giants’ stock price analyses 
SpaceX Successfully Launches Its Crew-2 Mission with Two Re-Used Components
For SpaceX, the Crew-2 mission is the second of the six missions the company has previously highlighted.
Net Profit of Hyundai Motor Rises by 175% in Q1
By John K. Kumi
Hyundai Motor Company is planning to mass-produce Electric Vehicles (EV) by developing solid-state batteries to implement this plan.
Apple Unveils New Products: iPad, iMac, AirTag and Purple iPhone
After Apple unveiled its new products, the company’s shares fell nearly 2% and closed with a 1.28% fall.
Mark Zuckerberg Reveals Plans of Facebook to Launch Live Audio Rooms Similar to Clubhouse
Apart from the Live Audio Rooms, Zuckerberg also announced Facebook would be launching a new product called Soundbites.
Clubhouse Makes Its Voice Heard with $4B Valuation in New Funding Round
Clubhouse has grown significantly in its one year of existence and recently it has conducted a new successful funding round.
Virgin Galactic (SPCE) Stock Dipped Over 13% on Thursday after Richard Branson Sold More Stake
Earlier this week, Branson sold 5,584,000 shares of his company between April 12 and 14. According to SEC filing, the shares were worth approximately $150.3 million.
Daimler Unveils Flagship EQS Electric Vehicle to Fight Tesla’s Dominance
While a lot of automakers are making their debut in the green electric vehicle space, the aim of Daimler is to snatch a sizeable market share from Tesla that is a market leader.
AAPL Stock Jumped 2%, Apple May Back Away from iPhone 12 Mini Due to Low Demand
Apple stock jumped over 87% last year fueled by the company’s strong fundamentals including new products unveiled late last year.
AMZN Stock Up 1% in Pre-market, Amazon Releases Its New Wireless Echo Buds
By Daria Rud
The price for Echo Buds starts from $119.99 for a version with wired charging and makes up $139.99 for the device with wireless charging. Pre-orders started on Wednesday, shipping will begin in May.
Tech News
Coinspeaker offers you cutting edge broadcast, insights, news and updates on technology driven events around the world.
Technology news includes real-time updates on Blockchain, Fintech, Augmented Reality, Virtual reality, Artificial Intelligence, Machine learning, Cyber Security, electronic gadgets, etc. There’s no doubt that technology is driving the world towards a largely digitized space.
Social media, the internet, and blockchain have been a significant part of the tech world as tech giants look to make considerable investments in those innovations.
Blockchain Technology
Blockchain technology is a public, digitized ledger for recording and verifying crypto transactions. Blockchain was built in such a way that transactions recorded on it cannot be changed or altered. Blockchain’s success story has paved the way for its adoption in other fields such as election, logistics, transportation, personal identification, etc. Several top companies now employ the use of blockchain for operational tasks in order to enhance their mode of operation.
Cyber Security
Technology is employed in every field to enhance privacy, security as well as operation speed. Over the years, cyber-crime has continued to be a major thorn in tech’s flesh as hackers take advantage of vulnerabilities in tech products. Cyber security firms have been given the task of curbing cyber-crimes and pave the way for more investors.
FinTech
Fintech simply means financial technology and it involves the application of technological tools and software into financial services and operations. Fintech has seen massive adoption in the past decade as several industries such as banking, education, fundraising, health, venture management, etc. continue to reckon its importance.
The top five tech companies around the world are Google, Apple, Facebook, Amazon, and Microsoft, etc. and they worth over four trillion dollars combined.
Stay tuned to get daily news on happenings and events in the technology world on Coinspeaker.
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