Ford (F) Stock Rises 2% after Reports of Q2 Sales Drop
Despite the drop in sales in Q2, Ford (F) stock is trading in the green with a 2% surge. Meanwhile, the company rolled out the marketing strategy for its new family of Bronco SUVs.
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 
India’s Telecom Giant Reliance Jio Takes on Zoom with New Video Conferencing App JioMeet
India’s fastest growing telecom giant Reliance Jio is posing a big competition to Zoom as it is launching its own video conferencing app JioMeet without any time-limits on the video calls.
TSLA Stock Rises 5.5% in Pre-market, Tesla Is Taking Reservations for Its Cybertruck in China
Tesla (TSLA) stock jumped 5.5% in the pre-market. The company is diversifying its product range taking reservations for Cybertruck in the Chinese market.
Tesla Set to Build RNA Microfactories for Coronavirus Vaccine
By Tolu Ajiboye
Tesla and CureVac are currently working together to build portable RNA printers which would help in the creation of a coronavirus vaccine.
EOS-Backed Social Media App Voice Developed by Block.one Finally Launches
Voice, an EOS-backed social media platform, has been launched. The site will be decentralized and will incentive contributors to the platform. Beta tests are said to be completed by 15 August 2020.
Tesla (TSLA) Stock Tops $1200, Analysts Expect $2000 in Next 12 Months
Tesla’s Q2 results beat street estimates as the stock surged a whopping 8% in the last trading session climbing all the way above $1200 levels. Tesla’s recent price surge has made it the most valuable global automobile toppling Toyota.
INTC Stock Up 0.5%, Intel to Invest $250M in Jio Platforms after Facebook’s $5.7B
Intel Corporation has joined Facebook in acquiring a stake in Jio Platforms, a move that will help the companies get a soft landing in India’s 5G market. Intel stock is up.
F Stock Up 2.76%, Ford to Unveil Bronco SUV on July 13 in Partnership with Disney
By Daria Rud
The expected starting price for Ford’s new model is somewhere around $30,000. But to make a reservation, $100 is enough. The sale will start no earlier than next spring. F stock is up.
Pinterest (PINS) Stock Rose 5% as Facebook Decides to Shut Down Its Rival Hobbi
Pinterest (PINS) stock closed yesterday at $23.28 after adding 5.05% and in the pre-market is 2.71% up. The spike was attributed to the news that Facebook wants to shut down its Hobbi app.
TSLA Stock Up 3.69%, Tesla Tops Toyota to Become World’s Most Valuable Carmaker
By Daria Rud
While Tesla has exceeded Toyota on market value, it is still falling behind the Japanese company by a wide margin on actual car production. Tesla stock closed at $1,119.63 on July 1. After-hours, it added another 1.55% to reach $1,137.00.
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.
Click to see more