Data-driven applications and use cases have literally exploded in numbers in the last decade. Business and data analytics, artificial intelligence, internet of things, machine-to-machine applications, augmented and virtual reality, medical diagnostics, are just some examples among many more. This type of services has been increasingly relying on the availability of proper computational resources and software […]
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Cryptocurrencies nursed large losses on Friday, with bitcoin just above $30,000 and set for a record losing streak after the collapse of TerraUSD, a so-called stablecoin, rippled through cryptocurrency markets. Crypto assets have also been swept up in broad selling of risky investments on worries about high inflation and rising interest rates. Sentiment is particularly […]
Is this it? Are we seeing the downfall of NFTs? Is the craze over? Can teenagers go back to working part-time instead of netting fortunes flipping Devious Ducks and Greedy Gorillas? Can the world return to normal, please? Well, the answer is a little bit more nuanced than a simple yes or no, but mostly, […]
We all find ourselves overwhelmed with tasks at work sometimes. Tasks blend into one another, and you are interrupted by a coworker with a question and your boss jumps in with yet another assignment. Before you even have time to write anything down on your task list, you find yourself forgetting what you were about […]
The U.S. stock market is off to brutal start in 2022. The S&P 500, which is widely considered to be the main benchmark for U.S. stock market performance, declined 13.3 percent through April, the steepest four-month drop to start any year since 1939. The index continues to fall in May and was down 16 percent […]
The S&P 500 ended below 4,000 for the first time since late March 2021 and the Nasdaq dropped more than 4 percent on Monday in a selloff led by mega-cap growth shares as investors grew more concerned about rising interest rates. The Nasdaq closed at its lowest level since November 2020. Apple shares dropped 3.3 […]
No one yet knows what exactly the Metaverse will look like. Large companies are pouring not millions but billions of investment money to stake their claim on the Metaverse before it fully materializes, Among the tech giants most invested in the Metaverse, Qualcomm. Meta, formerly Facebook, has sunk over $3 billion “laying the groundwork” for […]
The prospect of being replaced by robots or AI has long lived in the collective human psyche. From science fiction novels to economic influencers and doomers, they all see some future where humans must contend with mass automation and job loss brought by the 4th industrial revolution and its effect on employment. While arguments about […]
Elon Musk’s decision to accept some foreign investors as part of his $44 billion buyout of Twitter Inc runs the risk of inviting the kind of regulatory scrutiny over U.S. national security that social media peer TikTok faced, legal experts say. Musk disclosed on Thursday that Saudi Arabia’s Prince Alwaleed bin Talal, Qatar’s sovereign wealth […]
Uganda’s central bank is considering whether to issue a digital currency and has not banned cryptocurrencies, but has concerns about risks from the technology including consumer protection and financial inclusion, a senior bank official said on Friday. “Bank of Uganda is currently doing preliminary studies on whether or not a central bank digital currency should […]