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Technology News
Pymnts
15h
124
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Nvidia Achieves Record $4 Trillion Market Capitalization
- Nvidia has become the world’s first $4 trillion public company, exceeding market caps of competitors like Microsoft.
- The chip designer's market cap briefly reached $3.9 trillion and hit a record high share price of $164 on a surge in demand for AI technologies.
- Despite facing U.S. export controls limiting access to the Chinese market, Nvidia continues to expand AI infrastructure projects internationally.
- The company's value tripled to over $1 trillion in just a year, positioning it alongside Microsoft and Apple as one of the few American companies with over $3 trillion market value.
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Insider
15h
354
Image Credit: Insider
My dad had never seen his granddaughter dance in person. She performed for him in the ICU shortly before he died.
- Lacey Banis asked her 9-year-old daughter, Rory, to perform a ballet dance for her dying father in the ICU, as he had never seen her dance in person.
- Rory danced a Paquita variation in the hospital room to the beeping of medical machines, providing a heartfelt moment for her grandfather before he passed away.
- The dance not only meant a lot to Lacey's father before his death, but also had a deep impact on Lacey, witnessing her daughter's emotional response during the performance.
- Rory later performed a dance at her grandfather's memorial service, using dance as a way to process her emotions and create a lasting memory of their connection.
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Macdailynews
15h
117
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Nvidia, not Apple, first to historic $4 trillion market value
- Nvidia became the first public company to reach a $4 trillion market cap, surpassing Apple, driven by strong demand for AI technologies.
- Nvidia's market value growth reflects Wall Street's confidence in AI advancements, with its high-performance chips at the forefront of this sector.
- Nvidia's market value tripled in a year, faster than Apple and Microsoft, positioning it as an early AI winner and the largest tech weight on the S&P 500.
- Nvidia's market value exceeds that of Apple and Microsoft, worth more than the Canadian and Mexican stock markets combined, and surpassing the total value of all publicly listed companies in the UK.
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AWS Blogs
15h
117
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Introducing AWS Builder Center: A new home for the AWS builder community
- AWS introduces AWS Builder Center, a hub for the builder community.
- Users can access resources, engage, provide feedback, and connect with fellow builders.
- Features include Wishlist, connecting with AWS Heroes, hands-on resources, and skill development.
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Siliconangle
15h
54
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Samsung debuts new foldable devices, upgraded smartwatches
- Samsung debuted three new Galaxy Z foldable devices and two upgraded smartwatches.
- The flagship foldable device is the Galaxy Z Fold 7 priced at $1,999 with significant improvements including larger displays, thinner design, and enhanced camera features.
- Samsung also introduced two flip phone-inspired foldable devices - the Galaxy Z Flip 7 and the Galaxy Z Flip 7 FE, offering different features and price points.
- Alongside the new foldables, Samsung launched the Galaxy Watch 8 and the Galaxy Watch 8 Classic with similar designs but differing in storage capacity and battery life.
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Bitcoinmagazine
15h
314
Myths Busted And Conflicts of Interest Noted at Senate Banking Crypto Market Structure Hearing
- Senate Banking Committee held hearing on digital asset market structure with crypto industry leaders.
- Key themes included crypto's role in illicit finance, conflicts of interest, and regulatory jurisdiction.
- Witnesses discussed illicit activities, Trump family's involvement, and collaboration between regulatory agencies.
- Bipartisan legislative efforts were noted, emphasizing the need for sensible crypto legislation.
- The hearing highlighted concerns and discussions surrounding cryptocurrency industry and regulatory frameworks.
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Bravenewcoin
15h
241
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Binance Coin Price Prediction Holds Above $660 With Support from Whale Buys
- Binance Coin (BNB) remains strong above $660, showing resilience despite increased intraday volatility and fading momentum.
- Analysts are monitoring key indicators to determine BNB’s next move, with a breakout attempt above $662 met by resistance.
- A successful breakout past $656 led to a temporary shift in control to buyers, supported by strong accumulation at the breakout zone.
- Volume trends and technical indicators suggest gradual momentum build-up, with BNB stable within a consolidation zone awaiting further confirmation for a potential bullish breakout.
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TechSpot
15h
208
Image Credit: TechSpot
Samsung unveils dramatically redesigned Z Fold7 and Z Flip7
- Samsung unveils redesigned Z Fold7 and Z Flip7 with significant design improvements.
- Z Flip7 has a full back cover screen, Google's Gemini Live support, and Dex technology.
- Z Fold7 features a thinner design, larger screens, improved cameras, and Snapdragon 8 chip.
- Both models aim to reignite consumer interest in foldable phones despite potential pricing concerns.
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Playstationlifestyle
15h
183
Image Credit: Playstationlifestyle
Award-Winning PS5 Exclusive Is 58% off on PS Store
- Award-winning PS5 exclusive, Returnal, is currently 58% off on the PlayStation Store, priced at $29.39 until July 17.
- Developed by Housemarque, the game features a unique roguelike third-person shooter experience on a shape-shifting alien planet.
- Returnal received positive reviews upon release, with accolades such as Best Action Game at The Game Awards 2021 and Outstanding Achievement in Audio Design at the D.I.C.E. Awards.
- The game was commended for its engaging narrative, gameplay, and player discovery, receiving a 10 out of 10 in the review by PlayStation LifeStyle.
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Inc42
15h
144
Image Credit: Inc42
Now, Fraudsters Use Reliance’s Tira Masthead To Dupe Naive Netizens
- The Delhi High Court has restrained individuals and entities from impersonating Reliance Retail's beauty brand 'Tira' in a large-scale fraud targeting customers.
- The fraud involved individuals pretending to be Tira agents, contacting customers, and deceiving them into making payments through fake promotions and gift card scams.
- Reliance Retail filed a lawsuit seeking to protect its brand and customers, leading the court to issue interim orders restraining the misuse of the Tira name and logo.
- The court directed telcos to block scam-related mobile numbers, WhatsApp to suspend linked accounts, and NPCI to freeze fraudulent UPI and QR code links.
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Insider
15h
54
Image Credit: Insider
Pricing data shows Trump's tariffs are making some US-made products more expensive
- Some US-made products are becoming more expensive due to Trump's tariffs, based on data from Harvard Business School Pricing Lab.
- Post-tariff price hikes have been observed on both imported goods and competing domestic products, with imported goods seeing a 3% increase and domestic goods around 2%.
- Tariffs on imports can impact domestically sourced products due to factors like reliance on imported components, increased supply chain costs, and opportunities for domestic competitors to raise prices.
- The uncertainty surrounding tariffs has led to companies adjusting prices, with domestic brands also increasing prices to manage rising costs, potentially leading to broader price increases in the economy.
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Crypto-News-Flash
15h
427
Image Credit: Crypto-News-Flash
Volkswagen Taps Solana-Powered Hivemapper to Drive Robotaxi Mapping Evolution
- Volkswagen's self-driving unit ADMT is partnering with Bee Maps to incorporate street data in its Robotaxi systems in real-time.
- Bee Maps operates on a decentralized mapping platform powered by the Solana blockchain, rewarding contributors with HONEY tokens for verified spatial data.
- The collected street-level data is processed using machine learning algorithms to identify construction regions, traffic signs, and lane lines.
- Volkswagen's ADMT aims to utilize Bee Maps' data to enhance the navigation capabilities of its autonomous iD.Buzz cars in urban settings.
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Insider
15h
304
Image Credit: Insider
Nvidia's AI-powered rise to a $4 trillion market cap, in 3 charts
- Nvidia has become the first $4 trillion company following its surge driven by the AI boom since ChatGPT appeared in late 2022.
- Shares of Nvidia have risen more than eightfold since November 2022, outperforming the broader market significantly.
- Nvidia's GPUs powering large language models have led to its dominance in AI over competitors like AMD and Intel.
- Nvidia's revenue has seen substantial growth, with $44.1 billion in the first quarter of this year, mainly driven by its data center unit.
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TechSpot
16h
325
Image Credit: TechSpot
AIDA64 update adds CPU, GPU, and display support enhancements
- AIDA64 Extreme offers unmatched hardware detection and detailed diagnostic information for home users.
- It includes benchmarks, sensor panels, stress tests, and external display support for accurate readings.
- AIDA64 provides over 250 sensor devices support, System Stability Test, and System Audit features.
- New version features text scaling improvements, sensor enhancements, and support for latest CPUs.
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