Posts

Showing posts from August 8, 2023

Apple, Samsung, Nvidia and Intel to Invest in SoftBank Group-Owned Chip Firm Arm at IPO: Report

Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on Tuesday. Reuters reported in June that Arm was in talks with some ten companies - including Apple, Samsung, and Intel - with the aim of bringing on one or more anchor investors in the offering. Last month, Reuters and other media reported that Arm was in talks to bring in US chip designer Nvidia as an anchor investor for the New York listing. Apple, Samsung, Nvidia, and Intel all plan to invest in Arm as soon as it is listed on the market, the Nikkei said. The SoftBank-owned firm will officially apply to the US Securities and Exchange Commission for the listing later this month, the newspaper said. Arm plans to sell the chipmakers stakes of "a few percent each", the newspaper said. SoftBank declined to comment. Apple, Nvidia, and Intel did not immediately respond to a Reuters' req

PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD

PayPal, the US-based online payments giant, has launched PYUSD — its own stablecoin pegged to the US dollar. Banking on PayPal's massive userbase, crypto scammers have jumped into action to use the opportunity to hunt for victims. Within the first few hours of its launch alone, a bunch of crypto tokens deceptively named around the PYUSD stablecoin, resembling its logo have been spotted by crypto market analysts. Members of the crypto community are sounding alerts to warn others about these fake tokens. DEX Screener, a decentralised exchange scanner, claims to have spotted around 30 pairs of crypto tokens reflecting PYUSD on their tickers. Scammers have reportedly not concentrated their token creations to any particular blockchain, exploring different options instead. At this point, PYUSD copycat tokens have already been minted on Ethereum, BNB Smart Chain, as well as Coinbase's newest layer 2 chain — Base. Fake cryptocurrencies are most commonly used by scammers to perform

Amazon Great Freedom Festival 2023 Sale Ends Tonight: Top Deals on Computer Accessories

Amazon Great Freedom Festival 2023 Sale is ending tonight. The five-day sale that started on August 4 has introduced discounts and deals on various mobile phones, laptops, accessories, and other electronic items. The Amazon sale also brought exchange offers and no-cost EMI options to various devices. Additionally, the e-commerce platform has discount coupons and bank offers on select devices. Here, we cover a list of the best deals and offers on computer accessories that you can get through the Amazon Great Freedom Festival 2023 Sale today. Dell USB wireless keyboard and mouse set Amazon is offering the Dell USB Wireless Keyboard and Mouse Set- KM3322W for Rs. 1,237, down from the original price of Rs. 2,499. Customers can also use an ICICI Bank Amazon Pay credit card to get an additional Rs. 300 instant discount. This keyboard and mouse combo is claimed to offer 36 months of battery life for the keyboard and a maximum of 18 months of battery life for the mouse. The keyboard has sp

Worldcoin Office Searched in Nairobi, Kenyan Authorities Confiscate Stored Records: Report

Kenya's scepticism around the controversial Web3 project, Worldcoin, seems to be growing with each passing day. Over the weekend, Kenyan authorities reportedly raided the office of Worldcoin in Nairobi, only to confiscate all the stored information of the users who registered with the project. The development followed an official government order there, which suspended Worldcoin-related activities indefinitely, for the time being. The controversial project is the brainchild of Sam Altman, the founder of ChatGPT parent firm, OpenAI. Officially launched on July 24, Altman's Worldcoin project is aiming to create a network of ‘real humans' and no robots. The San Francisco, US-based company is looking to assign ‘World IDs' to global citizenry. Altman aims to give real humans a ‘global identity of personhood', which will eliminate the need for them to reveal their personal details just to interact with websites. To do so, the project requires people to submit their eye

Global Video Gaming Revenue Expected to Hit $187.7 Billion in 2023 as Console Sales Rise by Over 7 Percent

The global video games market would return to growth in 2023 on the back of strong sales of consoles such as Sony's PlayStation 5 , according to gaming market research firm Newzoo. Newzoo said it expects industry revenue to rise 2.6 percent to $187.7 billion (roughly Rs. 15,54,231 crore) in 2023, driven by a 7.4 percent rise in console sales in the year. Gaming revenue fell 5 percent in 2022, according to the research firm's data. "Many highly anticipated delayed titles launched in 2023, with more scheduled for release in H2 (second half), and the supply of new consoles has finally caught up to demand," said Newzoo analyst Tom Wijman. PlayStation maker Sony said in July it expects to sell 25 million units of PS5 consoles this year, a record for any PlayStation devices, as supply chain issues ease. Market research firm Circana said US consumer spending on video game hardware was up by 23 percent in the first half of 2023. But spending on video game content was flat