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.
Cisco announced the purchase of ThousandEyes. The terms of the deal are unknown. But it is believed that Cisco has paid around $1 billion.
Social media giant Facebook is launching a new app dubbed Venue to serve as a second screen companion for live event commentary. The app will be tested with NASCAR’S Annual Food City Race on Sunday.
Zuckerberg explained that with Libra it could be easier for individuals to transfer money or pay for goods across national borders, which would be an advantage for both businesses and Facebook.
Renault Chairman Jean-Dominique Senard said that the merger between his firm and Nissan is nor views as an efficient one anymore.
Tesla (TSLA) stock is down in the pre-market. Meanwhile, the company announced that it has slashed the price for its Model 3, Model S, Model X in North America and also reduced the price for its Model S and Model X in China to gain some competitive advantage.
On Saturday at 3:22 p.m., there will be another attempt to launch astronauts. However, as NASA and SpaceX have warned, there is only a 50% chance the astronaut launch will actually occur, therefore, another postpone is possible.
The Brave Together, which is a private and unlimited video calling service, is expected to compete with the Zoom Video app.
According to Boeing, 737 Max planes production has begun “at a low rate”, and will gradually ramp up. Amid the news, Boeing (BA) stock has soared.
Amazon is in talks to buy self-driving car tech company Zoox. However, it is said that Amazon is not the only potential buyer. Meanwhile, AMZN stock is slightly down.
SpaceX announced that it had raised $346.2 million in its recent funding round, bringing the total raised since January 2019 to $1.7 billion. Today is the day Elon Musk’s SpaceX will launch its next level of human space exploration.
Tencent, one of China’s tech giants has allocated $70 billion to help the digital infrastructure growth of China as Beijing intensifies effort to digitize the economy.
Tesla (TSLA) stock is up 1.9% in the pre-market. Meanwhile, it is expected that Tesla may face serious issues related to lower demand as high-income people opt to work remotely today.
Auto manufacturing giant Daimler plans to invest $480 million in Farasis IPO to produce batteries for use in electric cars. DAI stock is up today.
Apple (AAPL) stock is up 1.50 % in the pre-market to trade at $324. The company is expected to release a larger iPhone 12 Pro later this year if the production line is not affected by coronavirus disruption.
Latvia is going to launch a COVID-19 contact tracing app based on the technology developed by Google and Apple.