Articles for tag: Bitcoin, Cryptocurrency, Dividend, Ethereum, Investment, Meitu, Technology

Market News

Chinese App Giant Sells All Bitcoin Holdings Ahead of Anticipated $100,000 Milestone: What It Means for Investors

Chinese tech company Meitu recently sold all its cryptocurrency holdings, which included 940 Bitcoin and 31,000 Ethereum, for a total of $180 million. This decision came just before Bitcoin’s price soared to over $100,000. The company plans to distribute 80% of the profits from this sale as a special dividend to its shareholders. Initially, Meitu ...

Market News

AI

A Pakistani woman was rejected from a job due to an unreliable AI detector flagging her original work, sparking widespread concern.

A Pakistani woman, Damisha Irfan, faced job rejection after her original work was mistakenly flagged by an unreliable AI detector. In a LinkedIn post, she expressed frustration at how flawed technology might be causing companies to overlook genuine talent. Her experience has sparked a discussion about the reliability of AI tools in evaluating creative content. ...

Market News

AI

Mark Cuban’s AI Bootcamp empowers high school students by exploring AI’s potential and ethical implications through mentorship and hands-on experience.

The Mavs Foundation and Mark Cuban Foundation are offering a unique, free AI course for 25 high school students this month. The program kicked off last Saturday at the Mavericks’ headquarters, coinciding with Mark Cuban AI Bootcamps nationwide. Over three sessions, students will explore the fundamentals of Artificial Intelligence, including its applications and ethical considerations, ...

Market News

AI

Tim Burton reveals his fear of artificial intelligence, feeling it disturbs his humanity and threatens the essence of creativity.

Tim Burton, famous for his spooky films like “Beetlejuice” and “The Nightmare Before Christmas,” has revealed that he finds artificial intelligence quite frightening. At the launch of his exhibition in London, he expressed this sentiment, describing a strong, unsettling feeling when he sees AI-generated artworks. Burton believes that once AI technology is available, people will ...

Market News

AI

Seven trillion-dollar companies lead the AI revolution, but Netflix emerges as a strong contender for future growth in streaming.

Currently, seven companies have surpassed a $1 trillion valuation, all of which are leaders in the artificial intelligence sector. These include tech giants like Apple, Nvidia, and Microsoft. In contrast, Netflix is identified as the next likely candidate to break into the trillion-dollar club, thanks to its significant global subscriber base of 283 million and ...

Market News

AI

Bryn Mooser’s Asteria redefines filmmaking, leveraging AI to empower artists and revolutionize animation while ethical concerns loom.

Asteria, an animation company founded by Bryn Mooser, emphasizes its identity as a film studio rather than a tech company. Mooser aims to use AI tools to enhance the filmmaking process, believing that while technology can help, the essence of film-making remains rooted in teamwork, dedication, and creativity. He sees AI as an opportunity to ...

Market News

AI

Zuckerberg’s Meta shifts focus from the metaverse to AI, showing promise amidst skepticism and previous struggles, igniting dramatic transformation.

Three years ago, Facebook transformed into Meta, with Mark Zuckerberg envisioning a future of virtual worlds. While spending billions on the metaverse, Meta faced skepticism and lukewarm consumer interest. The breakthrough came in late 2022 with the rise of generative AI, prompting Zuckerberg to pivot focus. His AI investments have started yielding positive results, significantly ...

Market News

AI

Meta, once Facebook, shifts focus from the metaverse to AI, navigating skepticism and restoring power amid industry transformations.

Meta, formerly Facebook, began as a platform to connect Harvard students and has evolved over the years. In October 2021, Mark Zuckerberg rebranded the company, emphasizing a shift towards the metaverse—a virtual world for social interaction. However, following the rise of artificial intelligence, Meta has pivoted its focus to AI technologies. Despite impressive investments in ...

Market News

Cognizant reveals plans for a major tech hub in GIFT City, promising 2,000 jobs and boosting India’s financial technology landscape.

Cognizant reveals plans for a major tech hub in GIFT City, promising 2,000 jobs and boosting India’s financial technology landscape.

Cognizant, a leading global technology firm, is set to open a new techfin centre in Gujarat International Finance Tec-City (GIFT City) in February 2025. This strategic hub will initially support 500 associates, with plans to increase its workforce to 2,000 within three years. The centre will focus on delivering advanced technology solutions for clients in ...

Market News

Samsung unveils the powerful Galaxy Tab S10 series in India, featuring cutting-edge AI technology and enticing pre-order deals.

Samsung unveils the powerful Galaxy Tab S10 series in India, featuring cutting-edge AI technology and enticing pre-order deals.

Samsung has begun accepting pre-orders for its new Galaxy Tab S10 series in India. This exciting lineup features two models: the Galaxy Tab S10 Ultra, boasting a large 14.6-inch display, and the Galaxy Tab S10+, which has a 12.4-inch display. Both tablets are powered by the advanced MediaTek Dimensity 9300+ processor for enhanced performance. The ...

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