Xpeng (XPEV) stock price jumped over 41% at the end of the first trading day and is up 7.59% in the pre-market today.
Amazon steps into the fitness wearables market by announcing its fitness tracker Amazon Halo Band and its smartphone subscription services. The Amazon Halo Service prioritizes more on lifestyle changes associated with individuals’ daily habits and routines.
Earlier in August, SpaceX revealed in its SEC filing that it had raised $1.9 billion in what appears to be the company’s biggest fundraising in its 18 years of existence, bringing the firm’s total valuation to $49 billion.
TikTok U.S. general manager Vanessa Pappas will replace Kevin Mayer who served as TikTok CEO for less than three months.
According to Facebook, Apple’s privacy policy has “forced” its decision to stop collecting identifiers for advertisers on devices with iOS 14 and limit the data that apps can collect using its services.
American Airlines will fly less than 50% of its normal schedule in the fourth quarter. International flights will be reduced to only 25% of last-year levels.
Unity is one of the top software companies in the world. In the SEC filing for an IPO, the company estimated that more than half of the top mobile games on the Apple App Store and Google’s Play Store in 2019 were built with Unity.
Popular video calling software Zoom appears to have been suffering connectivity issues today across the U.S. and Europe. The company confirmed that meetings and video webinars are facing partial outages.
In a new twist to the TikTok saga, a new report claims that last year Zuckerberg discussed with White House lawmakers the threat from Beijing-based ByteDance (Tiktok’s parent company) to other U.S. tech companies.
The partnership proposed by Aave’s Kulechov to tokenize Tesla cars must have been drawn from the determination to get a rub off on TSLA meteoric growth.
Larsen stresses on the fact that China-based miners currently control 65% of the BTC hashrate and can have absolute control over the protocol in the future. Larsen requested U.S. regulators to work closely with the American blockchain and cryptocurrency companies.
With advanced technologies hitting the market, the e-wallet industry is looking forward to new, interesting trends in the future.
Facebook seems unfazed with the scrutiny, as the company plans to expand its porting tools for images and data. FB stock is slightly up.
Decentralized VPN (dVPN) is based on blockchain thus eliminating the need for a singular point of control, depending on multiple nodes to keep the system running.
China-based electric automaker Nio has demonstrated enormous growth this year. Tesla rival plans to expand into global markets in 2021.