Technology News
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Inc42
1h
40
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Ice Cream Brand Hocco Nets $10 Mn To Support Expansion
- Ice cream brand Hocco raises $10 Mn as part of its $20 Mn Series B funding round led by Chona family office and Sauce.vc.
- The funding will be used to expand production capacity, enter new markets, strengthen distribution networks, and focus on innovation.
- Hocco, founded in 1944, started as an ice cream parlour and later launched various offerings like Hocco Eatery, Hocco Ready-to-Eat, and more.
- The investment in Hocco reflects the growing trend of consumers seeking premium products like ice creams and chocolates in India's food and beverage market.
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Ambcrypto
1h
33
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Chainlink sets stage for 35% gain – Unless THIS one level fails
- Chainlink's price could potentially surge by 35% to reach $23.15 if it maintains above the $15.70 mark.
- Retailers' transactions between $10K to $100K have surged by 130.20%.
- Recent days have seen a favorable price surge of over 30% for Chainlink, with increased whale and retail participation, hinting at a potential upside rally.
- If Chainlink holds above $15.70, there is a strong chance of a 35% surge to reach $23.15, but the bullish outlook could fail if the price falls below $15.30.
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Pv-Magazine
1h
107
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UK startup building solar power beaming tech for space applications
- UK startup Space Solar has completed an 18-month engineering design and development project for its modular space-based solar power system.
- They tested power-beaming technology with the Harrier demonstrator and finished sub-system studies.
- The project, known as Cassidi, assessed wireless power beaming, in-space assembly process, and ground receiver technology.
- The project, funded by the UK Space Agency and DESNZ, involved 22 partner organizations and confirmed the viability of their system.
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Coinpedia
1h
34
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Charles Hoskinson’s Midnight Airdrop Targets 37M Wallets, Excludes VCs
- Charles Hoskinson announced a massive airdrop called Glacier Drop targeting 37M wallets across 8 blockchains for their native currency through Cardano's privacy sidechain, Midnight.
- The airdrop includes the distribution of either NIGHT or DUST tokens and excludes venture capitalists, focusing solely on everyday users to promote broader crypto community engagement.
- Midnight's economic model enables developers to pay fees in their native tokens and validators from any chain to earn rewards, emphasizing cooperation across different blockchain ecosystems.
- Hoskinson emphasized the importance of community involvement over VC interest in the airdrop, with the mainnet launch of Midnight expected by the end of 2025 to promote unity and collaboration in the crypto space.
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CNBC
1h
537
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YouTube announces Gemini AI feature to target ads when viewers are most engaged
- YouTube introduced a new tool called 'Peak Points' that leverages Google's Gemini AI model for targeted advertising during times of high viewer engagement.
- Peak Points identifies moments of increased viewer attention in videos and places ads strategically to potentially boost impressions and click-through rates on YouTube.
- The AI model behind Peak Points is trained by analyzing video elements like frames and transcripts, and it is currently in a pilot phase with plans for a gradual rollout.
- YouTube unveiled Peak Points at its YouTube Brandcast event in New York, part of a series of announcements aimed at enhancing advertising opportunities on the platform.
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TechJuice
1h
261
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Jazz to Elevate Fashion & Lifestyle Industry with Zarr – A Digital Fashion Marketplace
- Jazz, Pakistan's leading digital operator, is launching Zarr, a new digital marketplace to enhance fashion and lifestyle retail.
- Zarr will be an exclusive platform for top local and international fashion brands with unique discounts and product offerings.
- The collaboration with Hanker Global aims to create a frictionless shopping experience and strengthen the fashion and retail industry in Pakistan.
- Zarr will feature top-tier brands, exclusive deals, and AI-powered recommendations to set new standards in the country's e-commerce landscape.
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Digitaltrends
1h
201
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Google’s iconic ‘feeling lucky’ button is under threat from you-know-what
- Google is testing integrating its AI chatbot into its homepage, potentially replacing the 'I'm Feeling Lucky' button with 'AI Mode' for a more conversational search experience.
- The 'I'm Feeling Lucky' button bypasses search results and directly takes users to a webpage matching their query, though its usage has decreased over the years, especially with the rise of mobile searches.
- Past attempts to phase out the 'I'm Feeling Lucky' button, like with Google Instant in 2010, did not fully remove it. However, with the current focus on AI integration, the future of the button is uncertain.
- The potential replacement of the 'I'm Feeling Lucky' button with 'AI Mode' raises questions about the button's survival in the face of evolving technology trends.
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CarExpert
1h
99
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2026 Porsche 911 GT2 RS spied for the first time
- The next Porsche 911 GT2 RS has been spotted undergoing development testing on and around the Nürburgring, revealing its extreme aero package and re-profiled rear.
- The new GT2 RS is expected to be the last version of the current 992-series generation Porsche 911, combining exotic chassis, high-downforce aero, and a rear-drive version of the latest 911 Turbo's powertrain.
- The GT2 RS is anticipated to have around 600kW output with the assistance of T-Hybrid electrification technology, which can eliminate turbo lag and help generate electricity.
- Porsche has a history of producing high-performance GT2 RS models every seven or eight years, offering limited production runs with high price tags, and setting lap records with each iteration.
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Teslarati
1h
157
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Tesla battery supplier feels pressure to expedite US production
- Panasonic, Tesla's battery supplier, is under pressure to accelerate electric vehicle (EV) cell production at its Kansas plant.
- Tesla is urging Panasonic to increase its production pace in response to the growing demand for EV cell production in the United States.
- Panasonic's CEO mentioned that Tesla is pushing for a faster start at the Kansas facility, which is set to boost U.S. production capacity by 60% by March 2027.
- The recent U.S.-China tariff truce has left EV battery tariffs untouched, prompting Tesla to rely on Panasonic's Kansas plant to strengthen its resilience against trade barriers.
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NullTX
1h
311
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Ethereum Surges Past $2,500 Amid Record Withdrawals and ETF Inflows
- Ethereum has surged past $2,500 in recent days, supported by strong on-chain accumulation signals and reduced sell-side pressure.
- The rally is driven by increased investor confidence, coupled with significant withdrawals of ETH from exchanges for long-term holding.
- The tightening supply and decreased sell-side pressure suggest a potential prolonged uptrend for Ethereum.
- Exchange outflows of around $1.2 billion worth of ETH in the last week signal continued accumulation and reduced selling pressure.
- Institutional interest in Ethereum is growing, as evidenced by consistent inflows into Ethereum ETFs on May 13.
- The influx of investment in Ethereum ETFs indicates a shift towards viewing Ethereum as a long-term value proposition and integral to DeFi.
- The current trend of institutional adoption and sustained ETF inflows suggest a positive long-term outlook for Ethereum.
- The surge in Ethereum's price reflects fundamental shifts in investor behavior, including reduced liquid supply and increasing conviction among holders.
- Consistency in ETF flows and on-chain data point towards a potential upward trajectory for Ethereum in the near future.
- Ethereum's recent rally is underpinned by market trust and on-chain metrics, setting the stage for higher resistance tests.
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Mensjournal
1h
241
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177 Chick-fil-A Employees Graduate Debt-Free
- A program sponsored by Chick-fil-A Operators enabled 177 employees to graduate debt-free this week by completing their degrees online while working at restaurants.
- The program, in partnership with Ficus Education and Point University, allows employees to complete accredited degree programs online without loans or out-of-pocket tuition.
- The graduates collectively avoided over $6 million in debt, with the average student loan debt in the US exceeding $1.6 trillion.
- Chick-fil-A employees, including operators and team members, are encouraged to help grow the program further to provide more opportunities for education and growth.
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NullTX
1h
96
Image Credit: NullTX
Bitcoin Dominance Declines as Altcoins Outperform in Market Rebound
- Altcoins are showing renewed strength in the crypto market, driven by investor optimism, low price levels compared to previous highs, and a low correlation with Bitcoin's movements.
- Bitcoin's dominance rate currently at 59% is facing pressure from altcoins that have been outperforming in recent weeks.
- The shift towards altcoins is influenced by positive regulatory signals in the U.S., particularly related to ETF approvals and clarity on ICO policies.
- While Bitcoin is witnessing decent on-chain growth, there's a slower influx of capital compared to late 2024, indicating a shift in focus towards undervalued altcoins.
- Investors are closely monitoring ETF activity, with recent spot Bitcoin ETFs experiencing a significant net outflow, possibly leading to profit-taking or capital reallocation.
- The market's volatility is evident, with Ethereum and other technologically sound coins gaining traction in investment portfolios as Bitcoin faces the risk of losing dominance.
- The interplay between Bitcoin dominance, ETF flows, and regulatory developments could bring rapid changes in the cryptocurrency market in the near future.
- Caution is advised in navigating the evolving landscape, marked by shifting market dynamics and regulatory influences impacting cryptocurrency investments.
- This summary does not constitute trading or investment advice, and thorough research is recommended before engaging in cryptocurrency transactions or investments.
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NullTX
1h
9
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Arbitrum Protocols Surge as Perp DEX Revenue Climbs and FDUSD Announces Expansion
- Arbitrum protocols on the network generated over $1.3 million in revenue last week, marking a significant milestone.
- Perpetual decentralized exchanges (Perp DEXs) led the revenue growth, with GMX earning $497,000 and Ostium Labs and Gains Network also showing notable increases.
- FDUSD expanded to Arbitrum, offering faster, low-cost stablecoin transactions and increased liquidity for users.
- The revenue growth reflects the growing commercial potential of Arbitrum's DeFi ecosystem and the advancement of blockchain-based financial services.
- Arbitrum is increasingly becoming a core DeFi destination due to its speed, efficiency, and mature dApp ecosystem.
- The integration of FDUSD on Arbitrum improves stablecoin transfers and liquidity for traders, dApps, and protocols on the network.
- Arbitrum's role in decentralized finance is solidifying, with the network evolving into a key player in the DeFi space.
- The network's transaction speed, efficiency, and growing infrastructure make it an attractive option for cross-chain stablecoin transactions.
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HRKatha
1h
93
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Infosys trims Q4 FY25 bonuses amid profit slump
- Infosys has reduced performance bonus payouts for the fourth quarter of FY25 due to a decline in net profit.
- Company leaders attribute the lower bonuses to the current business slowdown, despite recognizing employees' hard work and dedication.
- Top performers can expect higher bonuses in the next growth phase, following recent salary hikes earlier in the fiscal year.
- Infosys has also implemented stricter work-from-office policies and emphasized rewarding employee contributions once the business climate improves.
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NullTX
1h
248
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Massive Token Unlocks Ahead: What Investors Should Know About Upcoming Supply Surges
- In the next year, several cryptocurrency projects will release a significant amount of tokens reserved for community purposes, potentially impacting the market.
- Internal token unlocks of ETH totaling 8.5 million could affect market dynamics substantially.
- Understanding the scale of these unlocks relative to circulating supply is crucial for investors to assess risks accurately.
- $CONX and $GUN are high-risk tokens with large upcoming unlocks, posing potential price disruption.
- Mid-cap projects like $PARTI, $BMT, and $AI are also facing substantial unlock events that could impact supply dynamics.
- Long-term emissions from tokens like $WLD and $ELX could introduce consistent selling pressure over time.
- Large-scale emissions can create challenges for projects, and strategic allocation of tokens is crucial for healthy ecosystem growth.
- Investors should consider how unlocked tokens are utilized and if real usage, partnerships, or developer activities are supporting the project.
- Projects with clear unlock strategies may fare better in the upcoming market conditions.
- It is advised to conduct thorough research before investing in cryptocurrencies or related services.
- The coming year will test tokenomics strategies across the board, emphasizing the importance of responsible token unlock models.
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