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Pymnts
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CE 100 Index Loses 1.9% as BNPL Names Lead Payments Pillar Lower
- CE 100 Index lost 1.9% as seven of the 11 pillars traded lower.
- Delta reported record revenue in the June quarter, leading to a 11.4% increase in its stock.
- Sezzle and Affirm faced declines in the Pay and be Paid segment: Sezzle dropped 26%.
- Amazon's Prime Day event saw an average household spend of $156.37.
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TronWeekly
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Solana Holders on Edge as Price Fails to Reclaim Path to 200, Could This Viral Meme Coin Overtake SOL?
- Solana's price struggles to break above $200 despite high in-flows and on-chain activity, while traders remain cautious for the next few days.
- Little Pepe, a meme coin, has gained attention online and is seen as a potential challenger to Solana, with its unique features and growing community.
- Solana shows signs of strong on-chain data and rising user activity, but challenges with price breakthroughs persist, particularly the $200 barrier.
- Little Pepe (LILPEPE) differentiates itself with its meme coin concept, solid code, and features like no transaction tax and sniper-bot protection, potentially attracting investors away from Solana.
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CNBC
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Musk says he does not support a merger between Tesla and xAI but backs investment
- Elon Musk does not support a merger between xAI and Tesla.
- Musk backs investment in xAI, hinting at a future shareholder vote on the matter.
- Last year, Musk conducted a poll on investing $5 billion in xAI, with the majority voting 'yes.'
- Musk has integrated xAI and X, valuing the AI company at $80 billion and the social media company at $33 billion.
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TechBullion
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Prashanth Cecil: Pioneering Technological Frontiers in Supply Chain Management
- The global supply chain faces challenges like pandemic disruptions and rising operational costs.
- Prashanth Cecil, a leader in supply chain management, leverages technology for operational excellence.
- His initiatives include implementing LiDAR, IoT, ML models, and targeted automation projects.
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Bloomberg Quint
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Image Credit: Bloomberg Quint
Vivo X200 FE, Priced At Rs 54,999, With Zeiss Cameras, Massive 6,500mAh Battery, Launched In India
- Vivo has launched the X200 FE in India, a compact flagship boasting flagship-grade chipset, powerful battery, and advanced camera setup.
- The Vivo X200 FE is priced at Rs 54,999 for the 12GB RAM and 256GB storage variant, and Rs 59,999 for the 16GB RAM and 512GB storage model.
- Key features of the Vivo X200 FE include a MediaTek Dimensity 9300+ processor, 6.31-inch Amoled display with 120Hz refresh rate, Zeiss cameras, 6,500mAh battery, and IP68/IP69 ratings.
- The X200 FE also offers AI-powered features, three color options, sleek design measuring 7.99mm in thickness, and 186 grams in weight.
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Zero2Turbo
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Koenigsegg Sadair’s Spear Grabs Goodwood Hill Climb Record from Czinger
- The Koenigsegg Sadair’s Spear recently debuted at the Goodwood Festival of Speed and set a new record for the fastest production car in the hill climb, completing it in 47.14 seconds.
- The Sadair’s Spear is a lightweight, track-focused version of the Jesko, boasting a twin-turbo V8 engine with 1,625 hp on E85 fuel and featuring enhanced aerodynamics for improved performance.
- This limited-edition hypercar includes advanced aerodynamic elements like an active rear wing, underfloor strakes, and wheel arch louvres to increase downforce and overall track performance.
- Only 30 units of the Sadair’s Spear will be manufactured, and they have already been sold out after a private unveiling, with Christian von Koenigsegg praising its balance of power, aerodynamics, and road presence.
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Telecomtalk
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Vodafone Idea Rolls Out 5G Services in Nagpur, Expands Network in Maharashtra
- Vodafone Idea (Vi) has launched its 5G services in Nagpur as part of its planned rollout across 23 cities, with other cities like Pune, Nashik, and Aurangabad next in line.
- Vi customers in Nagpur can now access 5G with compatible smartphones, offering faster downloads, HD streaming, low-latency gaming, and improved cloud access with unlimited 5G data plans starting at Rs 299.
- Vi has partnered with Ericsson to deploy energy-efficient infrastructure and AI-powered technology to optimize 5G network performance in real-time.
- Apart from 5G expansion, Vi has upgraded its 4G network in Maharashtra and Goa by adding new sites, deploying spectrum enhancements, and improving indoor coverage to enhance overall connectivity for users.
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The Register
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Image Credit: The Register
Junior developer's code worked in tests, destroyed data in production
- Junior developer named Reggie accidentally erased about 1,500 employees' private insurance records by zeroing out a database field without understanding the field's specific criteria.
- Reggie's boss backed him up and excused him from cleaning up the mess, considering it a learning experience.
- Second story involves a colleague named Sam who mistakenly deleted all records except test ones from a large database using incorrect syntax, but was able to recover lost records from backups.
- Both stories serve as cautionary tales about the importance of understanding systems and processes before making changes to critical data.
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CarExpert
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Image Credit: CarExpert
Hyundai: More petrol N performance cars coming, and they’ll be affordable
- Hyundai N boss confirms more petrol performance cars alongside electric models.
- i20 N and i30 N hot hatches reportedly set for hybrid-powered successors.
- Hyundai aims for affordable N models as it expands hybrid sales globally.
- Possible hybrid powertrains for future N models alongside petrol and EV offerings.
- Hyundai N vehicles developed in Europe, focusing on innovation and expansion.
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Hackernoon
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Image Credit: Hackernoon
How Quantum Computing Will Accelerate AI Progress
- Quantum computers rely on qubits that can exist in 0 and 1 states simultaneously but are sensitive to disturbances like heat and magnetic fields, making operating them at scale challenging.
- Recent advancements in quantum computing show credible roadmaps to millions of qubits, reducing error rates, and providing a path to enhance AI models in areas like biology and chemistry.
- Major players like Microsoft, Google, and IBM are pursuing different approaches to quantum hardware, aiming to create a cryogenic 'quantum zone' attached to existing data centers.
- Countries like the United States, European Union, China, Japan, and Gulf states are all actively investing in quantum technology, hoping to gain an edge in fields such as drug discovery, battery design, and national security modeling.
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HRKatha
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Why ‘Centres of Excellence’ can hollow out the very culture they’re meant to strengthen
- The Centre of Excellence model in modern enterprises can harm corporate culture.
- Transition to CoE can displace HR professionals, leading to lost purpose and trust.
- Challenges include centralizing functions, affecting autonomy, and eroding loyalty and culture.
- A balanced approach is needed to centralize tasks without diluting human touch.
- Success in implementing CoEs lies in marrying efficiency with empathy and intentionality.
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CNBC
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Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less
- Alibaba-backed Moonshot releases Kimi K2 AI model, challenging OpenAI's coding capabilities at lower cost.
- Kimi K2 boasts open-source, budget-friendly approach, surpassing Claude Opus 4 and GPT-4.1 models.
- Moonshot offers Kimi K2 for free, with lower token costs compared to competitors.
- Developers can use K2 freely with minimal display requirements; initial reviews positive.
- Despite challenges in generative AI, Kimi K2 shows promise in coding and production use.
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Teslarati
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Image Credit: Teslarati
Elon Musk teases Tesla’s “most epic demo” by end of year
- Elon Musk teases that Tesla will hold its most epic demo by the end of the year.
- Musk hinted at the upcoming demonstration after visiting the Tesla Design Studio in Hawthorne, California.
- Speculation arises that Tesla might unveil the production version of the next-generation Roadster as its flagship product.
- The demo could help Tesla regain its position as a top player in the electric vehicle market.
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Silicon
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Image Credit: Silicon
Huang Sells Stock As Nvidia Value Hits $4tn
- Nvidia's CEO Jensen Huang sold $36.4 million in company stock following the company's $4 trillion market value milestone.
- Huang had previously agreed to sell up to six million Nvidia shares this year and sold the first tranche in June totaling about $15 million.
- Nvidia's market valuation surpassed $4 trillion as its shares rose, driven by optimism around AI technology despite economic turmoil.
- Nvidia's chips dominate the AI accelerator market, contributing to its significant growth, with total revenues of $44.1 billion reported in the first quarter.
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