Adobe and Activision Blizzard, two of the biggest names in the technology industry, have introduced new generative artificial intelligence tools designed to assist humans. Leading technology giants Adobe and Activision Blizzard have introduced generative artificial intelligence (AI) tools to improve human creativity, not replace them. The move aims to streamline processes and empower artists and designers to produce high-quality content. Adobe, the renowned graphic software maker,...
Read More »UK Inflation Drops Under 10% for First Time since August 2022
British inflation has been stubborn forcing the Bank of England to continue its interest rate hikes to 4.5%, for the 12th consecutive time. Economists are expecting further hikes in the upcoming meetings. As per the latest reports, the UK inflation has taken fresh dive under 10% for the last month of April 2023. This happened as the energy price retreated and the impact of Russia’s invasion of Ukraine started to subside on the annual consumer price comparison. Earlier on Wednesday, May...
Read More »Coinbase Unveils New Wallet as a Service on Ethereum
WaaS (Wallet as a Service) reportedly employs cutting-edge multi-party computing (MPC) technology to safeguard the private keys of its users. Coinbase has announced that it released and launched a new Web3 wallet solution dubbed “Wallet as a Service” (WaaS) on the Ethereum mainnet. The new service, a version of the crypto firm’s cloud product, went live on May 23 and utilizes a multi-party computation (MPC), according to a Twitter announcement from a software developer at the company. The...
Read More »Tron (TRX) Price Analysis: Rally Could Extend above $0.08
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Tron price started a fresh increase from the $0.0710 level against the US Dollar. TRX price is now trading above $0.0765 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0742 on the 4-hours chart (data feed via Kraken). The pair could continue to move...
Read More »Bitcoin Price Analysis: BTC Eyes Another Increase To 30K
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price is attempting a fresh increase from the $26,000 zone against the US Dollar. The price is now trading near $27,100 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $27,100 on the 4-hour chart of the BTC/USD pair (data feed from...
Read More »From $400M to $53M: Shutterstock Acquires Giphy from Meta at Fraction of Price
Shutterstock will acquire Giphy from Meta for $53 million in cash, complying with the UK regulator’s order to divest the animated-images platform due to competition concerns. Shutterstock, an American provider of stock photography, footage, music, and editing tools, has announced the acquisition of Giphy Inc, the popular animated image platform owned by Meta Platforms Inc. According to the statement, Shutterstock is acquiring Giphy at an incredible discounted price of $53 million, as Meta...
Read More »Calgary, Canada Cracks Down on Crypto Crime
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Calgary, Canada is setting up a new training and investigations hub hosted by local police authorities. The purpose is to deal with rising crypto crime that residents have reported. The goal is to keep crime numbers down and make sure people know how to avoid digital scams in the future. Calgary Gets Serious...
Read More »Apple Partners with Broadcom to Develop USA-Made 5G Components
Given the significance of 5G technology in the advancement of consumer electronics and connectivity, Apple said it is spending tens of billions of dollars to develop this field in the US. Popular US tech giant Apple Inc (NASDAQ: AAPL) said it has signed a multibillion-dollar agreement with Broadcom Inc (NASDAQ: AVGO), a multinational semiconductor and infrastructure software firm to produce 5G components. Through the partnership, Broadcom will develop 5G radio frequency components,...
Read More »Alibaba Cloud to Downsize Headcount by 7%, with Layoff Signaling Beginning of Its Spinoff Process
Alibaba Cloud has emerged as an early IPO candidate and will reportedly pursue a 7% staff layoff amid its ‘streamlined’ restructuring. The cloud arm of Chinese e-commerce giant Alibaba Group (NASDAQ: BABA) has begun a layoff set to affect 7% of its total workforce. Sources describe the downsizing as part of broader measures to prepare Alibaba’s cloud division for a spinoff. Furthermore, sources add that the new standalone company would ultimately pursue an initial public offering (IPO)....
Read More »Zambia is Very Close to Implementing New Crypto Laws
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Zambia is in the process of testing digital currencies like bitcoin. The country recently commented that these tests are almost finished, and that the nation is planning to use the results of the tests as a means of doling out solid crypto regulation once and for all. Zambia is Almost Done with Its Crypto...
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