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Tag Archives: Technology News

Facebook Agreed to Acquire Brain Computing Startup CTRL-labs

Photo: CTRL-labsFacebook said on September 23 that it agreed to acquire New York-based CTRL-labs. The acquired startup is creating a wristband that will let people communicate with computers using brain signals. Thus, the new device will let people control digital devices using their minds.CNBC reported that the deal is estimated to be worth around $1 billion. However, a Facebook spokesperson said that it is lower than the reported $1 billion. Andrew Bosworth, the Facebook Vice President of...

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Amazon Set to Introduce New Alexa-Powered Earbuds

Global retail giant Amazon (AMZN) had indicated its plans to improve its audio range of devices with a few moves which will see it be at par with the product lines of major competitors. For start, the retail giant plans to introduce earbuds which will be powered by virtual voice assistant Alexa.Codenamed “Puget” the earbuds will have an inbuilt accelerometer for motion detection, pace speed and the approximate amount of calories burned during a run.Separately, Amazon is expected to also to...

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Google Announces Play Pass for Android, a Premium Games and Apps Collection for $1.99 per Month

Just days after Apple announced its gaming-service Apple Arcade, Google too throws its hat in the ring by announcing Google Play Pass on its Android operating system. The Google Play Pass is a subscription-based service providing users access to 350 plus premium mobile apps and games.Moreover, users subscribing to the Play Pass service will get apps and games completely free of ads, in-app purchases or upfront payments. On a trial basis, the service is free for the first...

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Cisco Systems and SingularityNET Hosting Their AI Project on Blockchain

Networking giant Cisco Systems decided to go with the blockchain-based platform developed by SingularityNET to host its decentralized AGI project.SingularityNET is a startup that labels itself as a “decentralized artificial intelligence” company, and them working with Cisco Systems on such an ambitious project is a big deal.When talking about artificial intelligence technologies it should be clear that this is in no way new technology. But the truth is, its development is something that...

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Google Claims That They Have Reached Quantum Supremacy

Ever since Google announced that they are working on a Quantum super-computer the world has been eager to see the results of such a scientific and technological breakthrough. Last year in March, they presented the super-computer which boasted a 72-qubit computing power. Since then the word quantum computing has become very popular and nations around the world cannot wait to get their hands on this remarkable discovery. But why?The main reasons might be the fact that quantum computing can...

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Decentralized Web Hosting: Can You Really Earn Money Renting Your Disk Space?

Decentralized hosting seems like a logical idea on the surface. It would allow simple users like you and me host sites and apps and earn money. It would end the domination of Amazon Web Services – which now controls 40% of the cloud market. It corresponds with the Web 3.0 principles – and we all want Web 3.0 to come sooner, right?But just because an idea seems great doesn’t mean that it is.How It’s Supposed to WorkThe main idea behind distributed web hosting is that people have lots of...

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Introducing Facebook Portal TV: Video Calling Has Never Been This Awesome

Today, users of Portal from Facebook have more options available to them to connect with their loved ones and friends, no matter how wide the distance between them is. With the following three new additions, Portal, Portal Mini, and Portal TV, users can expect more when it comes to video-calling.Availability and CostFollowing the addition of the Portal TV, the Portal family is set to be accessible to more countries, aside from the US and Canada, such as France, New Zealand, Australia, Spain,...

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WordPress’ Parent Company Raises $300 Million from Salesforce to Hit $3 Billion Valuation

Automattic, the parent company of the World’s most popular content management system WordPress recently raised $300 Million in financing from a single investor known for its deep interest in innovative internet technologies. Its valuation is already estimated at $3 Billion. Not bad for a company that isn’t known for raising money in venture capital regularly.Known Venture Capital firm Salesforce Ventures committed the series D funding of the parent company of the web’s most popular...

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Without Google, Huawei Launched Its Mate 30 Phone

The second major smartphone maker Huawei seems to be in troubles. Even though they tried to convince Google to let them continue operating on their new Androids, Mate 30 Pro and Mate 30, they haven’t succeeded. At the beginning of the month, as we have already reported, the company announced the launch date for its new smartphones. And last week we witnessed a lot of video teasers regarding new models, Google seemed to stay implacable regarding to its politics. This definitely seems to be a...

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Microsoft (MSFT) Announces Massive $40 Billion Stock Buyback Plan

The Microsoft Corporation (MSFT) has announced interesting plans to buy back up to $40 billion in stock and to also raise the dividends payable to shareholders by up to 11%. This new buyback plan, as well as the plans to increase quarterly dividends, could see shareholders receiving up to 51 cents per share.This is definitely not the first time that Microsoft has undergone a large buyback plan as its board did authorize two before now, with the first in 2013 and the previous one in 2016....

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