Posts

Showing posts with the label Technology

Head of ConsenSys predicted the death of liberal democracy

Image
Ethereum co-founder and ConsenSys startup CEO Joseph Lubin made several high-profile predictions during his speech at the Ethereal Summit conference in Brooklyn, New York. According to him, by 2047 all assets will be token-free, the Internet will be completely decentralized, and separate networks will be formed around various key interests, by analogy with national states. Lubin is confident that Donald Trump will be re-elected as president of the United States in 2020, the decline of American civilization over the next four years, the growth of radical sentiments in society and an increase in the number of hate crimes. It is noteworthy that, according to the head of ConsenSys, one of the main roles in this decline is played by the social network Facebook, which supposedly feeds global radicalism. Lubin is convinced that Facebook should be transformed into the Facebook Media news feed and a decentralized social network in which all startups have equal rights. Ethereum...

Sony shares have dropped by 8,2% against the background of finance report

Image
Notwithstanding the still great PlayStation 4 sales, Sony began to lose its position and income. Company`s shares have dropped by 8,2% against the background of finance report and it is the maximum securities daily drop since June 2016. The company`s shares amounted to near 5000 yen which is about $45.5 at 8:15 am London time on February 4. The main reason for the so disturbing fall is the Sony`s financial report, the company had published it February 1, before the stock reduction. “Strong profits from game software were offset by higher promotional and marketing costs aimed at driving PS4 volumes,” Damian Thong, an analyst at Macquarie Group Ltd., commented the Sony shares. “We are moving to the sidelines until we can better assess the risks in the Games segment.” According to the fourth quarter report the operating profit of the gaming department fell by 14% in the last quarter, while the number of sold of PS4 consoles was 8.1 million versus 9 million a year before. “There...

Apple has fired near 200 employees from Project Titan

Image
Dismissals from Project Titan was expected due to current restructuring and change of management, according to the CNBC statement. Doug Field which had left the Apple for becoming chief engineer in Tesla came back. Apple said that some groups of staff will switch to other company`s departments where they will work on machine learning technologies and other research. “We have an incredibly talented team working on autonomous systems and associated technologies at Apple. As the team focuses their work on several key areas for 2019, some groups are being moved to projects in other parts of the company, where they will support machine learning and other initiatives, across all of Apple,” the spokesperson said. Also, in accordance with the company`s statement, the sphere of self-driving cars is perspective and important for Apple. “We continue to believe there is a huge opportunity with autonomous systems, that Apple has unique capabilities to contribute, and that this is the m...

Really weird novelties from CES 2019

Image
Many geeks and ordinary people monitor one of the biggest tech exhibition CES every year. And this time CES 2019 was able to surprise us not only with futuristic cars, computers and other expected products. So,  GMOTrading  is ready to tell you about really weird novelties from CES 2019.  Numi 2.0: smart toilet with integrated Amazon Alexa  Numi 2.0 is a smart toilet with built-in Amazon Alexa by Kohler which works on its own IoT (Internet of things) ecosystem and specializes in smart bathroom devices. The lavatory can check a presence of users, raise and lower the lid, warm a seat and save wasting water.  And, of course, the killer feature is integrated Amazon`s voice assistant Alexa. The last can help you turn up music, tell about the weather and last news and even answer for different questions if you have.  SitTight: Balanced Active Sitting  SitTight is an unusual chair which, according to a description, utilizes all the time you s...