Apple iPhone assembler Foxconn gave a cautious outlook for the current quarter after posting results that exceeded expectations, citing slowing smartphone demand after a pandemic-fuelled boom. The comments from the Taiwanese company, the world’s largest contract electronics maker, echo those from other Asian tech firms that have warned of a drop in sales of smartphones, TVs
Month: August 2022
Twitter will revive features on the social media site to promote accurate information about the November US midterm election and clamp down on false and misleading posts, the company said in a blog post on Thursday. Civil rights and online misinformation experts have accused social media and tech platforms of not doing enough to prevent the
Three different offshoots of the notorious Conti cybercrime cartel have resorted to the technique of call-back phishing as an initial access vector to breach targeted networks. “Three autonomous threat groups have since adopted and independently developed their own targeted phishing tactics derived from the call back phishing methodology,” cybersecurity firm AdvIntel said in a Wednesday
In this weeks episode of Market Talks we welcome senior market analyst at Cubic Analytics, Caleb Franzen. Caleb is a Senior Market Strategist at Cubic Analytics, analysing new data/charts on the economy, the stock market, and Bitcoin to make better investment decisions. He is also a former corporate banking & portfolio analyst. The main topic
Ether’s (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July seem like ages ago. Bulls now hope to turn $1,900 to support, but derivatives metrics tell a completely different story, and the data suggests that professional traders remain highly
With the Goerli merger completed successfully, there is rising optimism that the Ethereum Merge scheduled for mid-September will not be delayed further. Goerli was the last surviving testnet to undergo the Merge, officially becoming a proof-of-stake (PoS) blockchain at 1:45 a.m. UTC on August 11. The Goerli testnet merge was completed today without incident, implying
According to a new community Discord post on Thursday, decentralized finance platform Oasis.app says that sanctioned addresses will no longer be able to access the application. As a result of the change to the terms of service, wallets flagged as high risk are prohibited from using Oasis.app to manage positions or withdraw funds. Instead, such
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation. Uzbekistan Takes Steps to Prevent Crypto Trading and Custody on Foreign
Bitcoin (BTC) continued toward $25,000 on the Aug. 11 Wall Street open amid news that the world’s largest asset manager had launched a BTC product. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Silbert on BlackRock: “Here comes Wall Street” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spike to $24,921 on Bitstamp as
The cryptocurrency industry has offered developers and investors the opportunity to introduce new financial tools providing plentiful options to earn passive income. Simply holding crypto has offered patient investors the chance to make gains over the years. However, there are various other ways to increase crypto assets’ stacks, even in bear markets. Other than staking,
The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly related to digital assets. According to a Thursday report from South Korean news outlet Edaily, Financial Services Commission chair Kim Joo-hyun said a task force consisting of private experts and
Oppo Watch 3 series was launched in China on Wednesday. The newly launched smartwatches are powered by a Qualcomm Snapdragon W5 Gen 1 SoC along with 1GB of RAM. The series includes the Oppo Watch 3 and Watch 3 Pro. Both models feature a square dial, an aluminium frame and a fibreglass casing. The Oppo
When video game designer Mark Venturelli was asked to speak at Brazil’s biggest gaming festival, he submitted a generic-sounding title for his presentation – The Future of Game Design - but that was not the talk he gave. Instead, he launched into a 30-minute diatribe against the blockchain technology that underpins cryptocurrencies and the games it has
Microsoft has joined Open Network for Digital Commerce (ONDC) in India and plans to introduce social e-commerce in the country. ONDC is a government initiative to reimagine digital commerce in India and Microsoft is the first big tech company to join the government-backed project. A social commerce retail app is expected to be launched by
Ethereum is the world’s second-biggest cryptocurrency, and it’s giving bitcoin a run for its money. Getty Ethereum, the second-largest cryptocurrency by market value, just ran a final dress rehearsal ahead of a years-awaited upgrade that’s been billed as one of the most important events in the history of crypto. Since its creation almost a decade
Google is reportedly bringing back the Commute feature, an At a Glance capability, to its Pixel smartphones. The feature shows users traffic information, and the best time for them to leave, based on the to and from addresses. The report says that the Commute option disappeared in early 2022 and is making a comeback now.
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