Bitcoin’s price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.” Bitcoin jumped more than 14% in the past 24 hours, nearly reaching $40,000 per unit before settling closer to $37,000. The five-week intra-day high reached Monday comes […]
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In PayPal’s most recent efforts to fight racism and extremism across the industry, the financial gateway partners up with the Anti-Defamation League to investigate how extremists adopt financial platforms to fund their activity. PayPal and Anti-Defamation League’s (ADL) atypical collaboration initiates the first step to divert focus towards the importance of recognizing how extremists are leveraging financial platforms for criminal funding. The initiative will be guided […]
In its greatest attempt to reclaim its chipmaking crown, Intel announced on Monday its new architecture roadmap during the company’s Accelerated webcast, unveiling the manufacturer’s strategy to refresh innovative naming schemes for future nodes. Intel’s CEO Pat Gelsinger announced during the company’s Accelerated livestream webcast how the semiconductor company is planning to switch its branding plan to push for more semiconductor innovations. The revelation incorporated broad strokes of its next-half decade […]
Emirates Integrated Telecommunications Company (EITC) boasted on Monday significant progress, revealing a net profit of $65.4 million in the second quarter of this year in contrast to its $58.5 million recorded at the same time last year. EITC has officially witnessed an 11 percent year-on-year (YoY) increase in net profits for the second quarter of 2021. The UAE telecom industry is primed for growth, as Emirates Integrated Telecommunications […]
South African telecom giant MTN Group announced on Thursday that it expanded its 5G network coverage, within northern provinces of the country in Polokwane and Witbank. The company deployed 5G towers despite uncertainty regarding the allocation of new spectrum. “MTN is making strides with its 5G technology rollout strategy,” said Kagiso Moncho, MTN general manager […]
Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers. The financial milestone announced Monday extended a two-year run of prosperity that has erased questions about Tesla’s long-term viability raised during […]
A flood of hardcore pornographic content has spread like wildfire on Thursday showing up on news websites after a company called 5 Star Porn HD bought the expired domain for video hosting site Vidme, which went out of business in 2017. This means that any websites with Vidme embeds now have pornographic content being displayed across their pages including prominent news websites such as The Washington Post, New York Magazine, Huffington Post, and other major sites. The websites immediately started deleting the pornography from […]
Twitter CEO Jack Dorsey confirmed to investors the significant role Bitcoin will play in the platform’s future by planning to incorporate cryptocurrency into the company’s current products and services. Dorsey has been a die-hard Bitcoin advocate since its inception into the market, but now the world is witnessing his commitment to cryptocurrency as he plans […]
Zomato, the Indian food delivery startup has jumped more than 70 percent in their stock market debut on Friday. The jaw-dropping stock market debut reflects investors increasing interest in the multinational restaurant aggregator. The developments in the tech world paved the way for several innovations, with food delivery applications being among them. Zomato’s success story encompasses two main […]
The Netherlands’ Data Protection Authority said Thursday it has fined TikTok 750,000 euros ($885,000) for not offering a privacy statement in Dutch, saying many children who use the popular video sharing app would be unable to understand the information. The agency said that by not offering a Dutch-language privacy statement, “TikTok failed to provide an […]