There is little debate about the need to restore infrastructure. Josh Weiss, a COO at Hexagon Geosystem, talked about these issues. He is responsible for guiding the company’s business and operating models in various industries. He said that they spoke about the state of infrastructure in Sweden. Weiss added that the discourse needs to shift …
Daniel Ek said that Joe Rogan decided to remove some podcast episodes. He added that his previous comments do not represent the values of this company. Daniel Ek, the Spotify CEO, decided to send a letter to company employees on Sunday apologizing for the debate surrounding Joe Rogan. Besides, he backed the podcaster, saying he did …
Snap reported its quarterly net profit and beat analyst estimates for the Q4 on earnings, revenue, and user growth. The report comes a day after Meta delivered disappointing guidance for the Q1 that pulled down several social media stocks with it. Snap fell 23.8% Thursday before its earnings announcement but increased as much as 64% …
Snap shares rose 62% on first-ever quarterly net profit Read More »
The Wormhole has experienced one of the worst hacks. Hackers have stolen crypto worth over $320 million from a decentralized finance platform. It is the fourth-largest crypto heist and the latest to shake the fast-growing DeFi sector. According to a recent report, Wormhole has faced a $320 million hack, the largest in the industry’s history. …
Crypto Platform Wormhole faced $320 Million Hack Read More »
Google parent Alphabet announced a 20-for-1 stock split on Wednesday, which would create a stock currently valued at around $US1,050. On the news, Alphabet shares closed at $US1,082.50, up around 3%. Alphabet is the parent company of Google, which is the world’s most valuable company. Shares in the company were on a tear in 2017, …
Google parent Alphabet reveals a 20-for-1 stock split Read More »
China has assigned some cities and entities for trial blockchain applications, highlighting Beijing’s importance to this technology. China has named the areas where it will carry out its first government-backed blockchain trials. The move follows a government crackdown on cryptocurrency, banned in the country. Moreover, the trials are part of a wider initiative to boost …
Spotify will add content advisories to any material mentioning Covid. The company will direct its users to public health sites for additional information. On Sunday, the audio streaming giant said it would add content advisories to anything mentioning Covid. Spotify faces adverse reactions to its decision to air the famous podcast “The Joe Rogan Experience.” …
Spotify to add content advisory when podcasts mention Covid Read More »
Apple’s iPhone market share in China beat a record high in the fourth quarter last year. The iPhone maker is reclaiming that China is the number one spot for the first time in six years. According to Counterpoint Research, the Cupertino giant had 24% of the market, and sales rose 31% in the December quarter. …
Apple’s Number 1 spot is China hitting record high in sales Read More »
Tesla reported positive quarterly results while experiencing supply chain issues. Thanks to strong demand for its electric vehicles, the electric carmaker reported better-than-expected quarterly results on Wednesday. Tesla also reported a massive jump in sales of its semi-trucks. But Musk said that the temporary supply chain issue would continue this year. Shares dropped around 5% …
Tesla beats on revenue, experiencing supply chain issues Read More »
YouTube CEO Susan Wojcicki said that the company would expand to support creators capitalize on new technologies like NFTs. In her annual letter, Wojcicki wasn’t clear about YouTube’s plans. But she said that the popular video site would keep up with the current hype. Wojcicki talked about crypto, NTFs, and even decentralized autonomous organizations (DAOs). …
YouTube CEO says the company has plans to capitalize on Web3 Read More »
NetEase has opened another gaming studio in Japan as the company continues to expand overseas. The new studio will work on online games and mobile games, much like the company’s existing operations in Asia, Europe, and North America. The Japanese studio will focus on working with Japanese developers and is the second such office for …
Chinese NetEase to open another gaming venture in Japan Read More »
The metaverse ecosystem is changing rapidly. The metaverse is a collection of online communities and services that allow you to engage with others in a shared virtual world. You can meet new people, socialize, share experiences, and also explore new ideas and interests. So, the metaverse is a platform for communities to come together, share …
Blockchain metaverse ecosystem and digital experiences Read More »
Implants that could help paralyzed people to walk have already passed through the test on a macaque and a pig. The billionaire entrepreneur’s brain chip startup is ready to launch human clinical trials. Musk co-founded Neuralink in 2016. He has promised that the technology will enable paralyzed people to use a smartphone with their minds …
Musk’s brain chip available for clinical trials in humans Read More »
Amazon decided to open a real-world clothing store later this year. It announced on Thursday that the first Amazon clothing store would open its doors later this year. The store’s location is in the Los Angeles suburb of Glendale, California. The store will offer women’s and men’s clothes, footwear, and accessories. These clothes will be …
Amazon to open a clothing store with high-tech fitting rooms Read More »
China strives to boost the digital economy’s share by 2025, driven by the 6G internet and big data technologies. The ambition emphasizes China’s motivation to advance in new technology. It persists in a rivalry with the U.S. in areas including semiconductors and AI. China’s top executive body, State Council, commented on the situation in a …
China plans to boost tech’s share; 6G on the way Read More »
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