Mon, April 29, 2024

Technology

google, Cryptocurrencies on December 25

South Korea set to curb Google

South Korea set to prohibit Google and Apple from mandating software developers to use their payment systems, thus denying them from taking commissions on in-app purchases. The first major economy to impose such restrictions on the tech titans. On Tuesday, the parliament’s legislative and judiciary committee is anticipated to pass an amendment to the Telecommunications …

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French-Italian chip firm STMicroelectronics

French-Italian Chip Firm STMicroelectronics

Semiconductor companies that provide chips to Apple for iPhones, iPads, and Macs may appear to be a safe bet for investors. Still, they also carry some risk, according to one industry analyst. UBS analyst Francois-Xavier Bouvignies told CNBC on Wednesday that his firm has a “neutral” rating on French-Italian chipmaker STMicroelectronics due to the company’s …

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Bitpanda valuing the company at $4.1B

Bitpanda Values the Company at $4.1B

Bitpanda has secured $263 million in new funding, valuing the company at $4.1 billion. The most recent cash infusion takes the company’s overall funding to roughly $500 million. Valar Ventures, the venture capital firm co-founded by US internet tycoon Peter Thiel, spearheaded the investment. Valar has supported Bitpanda three times since its first significant fundraising …

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Cyberattack -decentralized finance platform

Cyberattack – Decentralized Finance Platform

A hacker claiming to be the mastermind behind one of the largest cryptocurrency heists in history claims the theft did for fun. The malware, which targeted a decentralized banking network called Poly Network, resulted in more than $600 million in cryptocurrency. Decentralized finance is a rapidly expanding area of the cryptocurrency business that aspires to …

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Why are Semiconductor chips essential?

Why are Semiconductor chips essential?

According to a Moody’s analyst, it’s a question of national security” for more countries to develop their semiconductor chips, which are in limited supply globally. Memory chips are essential in the manufacture of a wide range of items. They can find in cellphones, gaming consoles like the PlayStation 5, household appliances such as refrigerators and …

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