Twitter Bitcoin Breach Raises Questions
This most recent hack on Twitter is a curiously high-profile money flipping scam. It may encourage people to be more aware of online scams going forward.
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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.
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This most recent hack on Twitter is a curiously high-profile money flipping scam. It may encourage people to be more aware of online scams going forward.
Nio stock price is rising. Deliveries in July have reached record highs. The Chinese company may become a serious competitor to Elon Musk’s Tesla.
Putting critics to rest, Google has unveiled its Pixel phones including Pixel 4A, Pixel 4A 5G and Pixel 5 that are set to launch later this year in the fall.
Virgin Galactic puts a major focus on the future of supersonic aircraft travel as it unveils a new high-speed Mach 3 design concept in partnership with Rolls-Royce. SPCE stock is down today in the pre-market.
Amid the Q2 reporting season, Nikola stock rose by as much as 21.63% to close at $36.49. After hours, Nikola stock slightly declined by 1.21%, but in the pre-market today, it is 0.49% up, $36.67 per share.
Tesla (TSLA) stock is said to be too expensive, but it is up today again. With the company’s growth model, its shares may go more bullish
The early investigation in the matter shows that the Florida teen managed to convince a Twitter IT department employee and tricked him into getting insider access and the credential of the Twitter accounts of some famous personalities.
Xpeng Motors is said to be going to raise over $300 million in new funding, ahead of its U.S. IPO listing.
TikTok has decided to support the next generation of content creators on its platform with a $2 billion TikTok Fund.
Panasonic announces plans to boost the energy density of the battery cells it supplies to Tesla by 20 percent in five years. TSLA stock is 0.15% down to trade around $1,496 at the time of reporting.
The Q2 sales data has made Huawei the leading phone maker in the world as international sales are affected by the coronavirus pandemic.
Philips announced the launch of its remote monitoring and defibrillator solution dubbed Tempus ALS. PHG stock is down in the pre-market.
Qualcomm reported net income of $845 million on revenue of $4.893 billion in Q3. Those figures dropped precipitously from a year ago when the company reported $2.15 billion of profits on revenue of $9.635 billion. It also announced a long-term patent agreement with Huawei.
Tesla (TSLA) stock price dropped yesterday by 4.10% to close the day at $1476.49. However, the stock is up today. The fall is attributed to a downgrade call by Bernstein analyst Toni Sacconaghi.
With an increase of 43% in 2020, Tencent has added $197.74 billion to its market value on Tuesday, pushing its market cap higher than that of Facebook.