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 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.
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 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.
According to the European Commission, the assessment of the Code signed in 2018 has shown several shortcomings. Therefore, social media giants should take more effective measures to tackle the issue.
Amid restrictions from the U.S. government, China’s Huawei revealed its plan to switch from Android to Harmony OS in a move to create a stable alternative.
Credit Suisse is to launch a digital banking app to rival the likes of Revolut and N26. The CSX app will feature free online banking tools, including an online debit card and other capabilities such as mortgage applications, investments and pensions.
Electric vehicle startup Lucid Motors has unveiled its first production unit dubbed, Lucid Air. The model is seen to be a copycat of the Tesla Model S sedan.
Twetch introduced a new encryption feature to Twetch Chat offering additional privacy and security to users. Besides it also allows users to make in-app payments directly via chat.
The Apple Event is expected to focus on the iPhone 12, which is dubbed as the best model ever produced by the company.
The funding round of Virtual Kitchen was led by Keith Rabois and it comes just over a year after a $15.3 million round led by Andreessen Horowitz and Base10 Partners.
Shortly after banning 60 apps, the Indian government banned PUBG and 117 other Chinese apps. As a result, PUBG cut publishing ties with Tencent Games.
Nio reported that it had completed deliveries of 3,965 vehicles in August, marking an impressive year-over-year rise of 104.1%. However, the stock hasn’t reacted positively to this announcement.
After successfully testing its digital banking application in Japan with 10,000 customers, Revolut has finally launched its services in the country. However, features like crypto purchase and stock trading will be added later.
Samsung recently won a $6.64 billion order from Verizon to provide network solutions. The win will help Samsung expand services to more countries.
Virgin Galactic revealed that it plans to conduct four-hour test flights of the spacecraft’s carrier aircraft WhiteKnightTwo scheduled for October 1 and October 7.
Already in November 2019, Elon Musk revealed that the Tesla gigafactory will be in the “Berlin area” and will be specifically located very close to the city’s new airport.
Apple announced that it will delay the privacy update with iOS 14 while giving developers some more time to adjust with its privacy rules and policies. This is a temporary relief to companies like Facebook, however, advertisers would need to work out for alternatives in the long run.
After last year’s announcement to allow political ads, Facebook will ban these ads shortly before the upcoming elections. FB stock price is falling.