Didi Global Inc., a Chinese ride-hailing service, gained 1% Wednesday in its highly anticipated U.S. stock market debut, giving up most of a early double-digit gain. The Beijing-headquartered company’s initial public offering of 288 million shares was priced at $14 a share and opened at $16.65, up 16%. The shares closed at $14.14. Prior to […]
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When a wildfire tore through Briceburg nearly two years ago, the tiny community on the edge of Yosemite National Park lost the only power line connecting it to the electrical grid. Rather than rebuilding poles and wires over increasingly dry hillsides, which could raise the risk of equipment igniting catastrophic fires, the nation’s largest utility […]
Earlier on June 7, Apple announced its new software, iOS 15, a powerful update with extensive features to enhance and optimize users iPhone experience and privacy. iOS 15 will give users the opportunity to stay connected by linking experiences together in real time, while providing the needed tools to minimize distraction and enhance concentration. Introducing […]
Starlink internet will be provided worldwide, excluding both poles, within the next two months, Starlink and SpaceX chief Elon Musk said during the Mobile World Congress. The Tesla CEO highlighted that Starlink will be able to launch satellites into orbit, while promising to deliver high-speed broadband internet to as many users as possible. Musk broke […]
Popular Chinese grocery shopping app Dingdong has slashed its initial public offering by 74 percent on Monday, a mere three days following it’s rival MissFresh witnessed disappointing placements on Nasdaq. Many pundits and industry analysts have argued that the reason for Dingdong’s fall from grace is due to the cooling appetite of online grocery-based apps, […]
Popular cryptocurrency exchange company Binance has been baned by the UK’s Financial Conduct Authority (FCA), citing claims that it is not authorized to undertake any regulated activity in Britain, a statement by the watchdog said late last week. Binance is one of the main cryptocurrencies exchanges that provides a platform for trading various cryptocurrencies. Despite […]
One of Rembrandt van Rijn’s biggest paintings just got a bit bigger. A marriage of art and artificial intelligence has enabled Amsterdam’s Rijksmuseum to recreate parts of the iconic “Night Watch” painting that were snipped off 70 years after Rembrandt finished it. The printed strips now hang flush to the edges of the 1642 painting […]
El Salvador’s president says use of the cryptocurrency Bitcoin will not be mandatory, but the country is planning to give out starter accounts with $30 to promote its use. Finance Minister Alejandro Zelaya said Thursday the government will allocate $120 million to establish as many as 4 million starter Bitcoin accounts, or “wallets,” though he […]
Casa Systems, Inc. a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, announced on Friday the general availability of its Axyom™ 5G multi-access core as a vendor validated cloud-native digital service enablement platform for Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform. With Casa Systems converged […]
After months of frustration and delay, Japan has hit the remarkable benchmark of 1 million vaccines a day. But with the Olympics set to start in less than a month, and only a small portion of the country vaccinated, a question lingers: Is it enough? The vaccination pace is quickening even as the young remain […]