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.
Following strong Q2 2020 report, Tesla stock rose. TSLA closed at $1,592.33 per share yesterday and added 4.06% to $1,657.00 after-hours.
BNP Paribas has committed to joining the IBM Cloud for Financial Services as its anchor client in Europe. It is the first step in creating an ecosystem for the platform on the European continent.
Boeing (BA) stock is in the red after indications emerged that the 737 MAX may not carry passengers again any time soon.
Despite the slowdown caused by the novel Coronavirus pandemic, Gett managed to secure $100 million funding and plans to use it to expand its business travel services that have seen a good surge even during these times.
Wall Street investors are closely waiting for Tesla Q2 2020 results that may boost TSLA inclusion in the S&P 500. The company has already set the expectations high by announcing 30% more vehicle deliveries in Q2.
With the Mustang Mach-E 1400 expected to debut in the NASCAR race soon, Ford Motor will look to solidify its position. F stock price is growing.
Despite the COVID-19 slowdown, IBM managed to deliver better-than-expected results for Q2 2020. The company said that many small businesses that were using IBM’s services have turned cash conservative and now want to spend less.
Despite BTC price moving between $9,000 and $9,500 recently, the CEO of Binance said Bitcoin is stable and the traditional market has a “drag down effect” on it.
It has become known that Coinbase saved over 1,000 users from sending Bitcoins to scammers in the recent Twitter hack.
Chinese electric car company Xpeng Motors began delivering its P7 sedan model last month, which is almost similar to Tesla Model 3.
Volvo said that the COVID-19 outbreak has severely disrupted the company’s production output and supply chain. However, the company’s overall business with trucks, buses, engines, and construction equipment remained overall profitable.
On July 16, Tesla stock closed 2.93% down, at $1,500.64 per share. After hours, it dropped to $1,488.04, losing 0.84%. In the pre-market today, Tesla stock was trading around $1,510 per share.
The hackers managed to receive over 400 payments in the scam, or $121,000 worth of Bitcoin. According to Tom Robinson, co-founder of cryptocurrency compliance firm Elliptic, the sum is quite low to become a historic one.
Microsoft (MSFT) stock is moving higher these days to reach new ATHs. The company is going to launch its cloud gaming service publicly in September.
Following last week’s reports, Swedish music-streaming leader Spotify has officially launched in Russia, along with a dozen other markets in Eastern Europe. SPOT stock is up.