Welcome to DawentsIT! writing from the desk of DawentsIT editor-in-chief.
Hey Tech enthusiast, Technology is changing the world faster than ever before. But how can we keep up with the latest trends, innovations, and challenges? Get ready to be amazed, inspired, and informed. We’re not just reporting the news – we’re making it! So buckle up, Tech enthusiasts, because @DawentsIT, …We Inspire To Deliver!
10 Things In Technology News Today
1. Crypto Price Today: Bitcoin Survives Weekend Volatility Trading Above $51,000, Ether Touches $3,000 in Pricing. The cryptocurrency market witnessed a roller-coaster ride over the weekend, with Bitcoin dropping below $47,000 on Saturday before recovering to above $51,000 on Sunday. Ether, the second-largest cryptocurrency by market cap, also bounced back from a low of $2,600 to a high of $3,000. The price movements were influenced by a mix of factors, such as regulatory developments, institutional adoption, and market sentiment.
In Other News:
2. Facebook is out. The social media giant announced that it is changing its name to Meta, as part of its vision to create a metaverse – a virtual environment where people can interact with each other and digital content. The name change also reflects the company’s desire to move beyond its core platforms, such as Facebook, Instagram, and WhatsApp, and focus on new areas such as virtual and augmented reality, artificial intelligence, and e-commerce.
3. Elon Musk is criticizing the billionaire tax again. The Tesla and SpaceX CEO took to Twitter to slam the proposed tax on the wealthiest Americans, calling it “unconstitutional” and “un-American”. He also claimed that the tax would not raise enough revenue to fund President Joe Biden’s social spending plan, and that it would discourage innovation and entrepreneurship.
4. Palantir’s cofounder drew criticism for saying six-month paternity leave is for “losers”. Joe Lonsdale, who is also a venture capitalist and a conservative commentator, made the controversial remark in response to a tweet by Netflix CEO Reed Hastings, who praised his company’s generous parental leave policy. Lonsdale later apologized and deleted his tweet, saying that he was joking and that he supports fathers taking time off to bond with their children.
5. Qualcomm Unveils On-Device Generative AI Features for Android Smartphones at MWC 2024. The chipmaker introduced a new set of features that leverage its Snapdragon platform and AI engine to enable users to create and edit digital content on their phones, such as photos, videos, music, and text. The features include Style Transfer, which can apply artistic effects to images, Video Background Swap, which can change the background of a video, and AI Song Maker, which can generate original music based on a genre and mood.
6. Employees are writing concerned farewell messages as they leave Facebook. Several former and current employees of the company have expressed their dissatisfaction and disappointment with the company’s culture, leadership, and direction in their goodbye notes, which were leaked to the media. Some of the common themes include the lack of transparency, accountability, and diversity, as well as the negative impact of the company’s products on society and democracy.
7. Zillow is selling hundreds of homes for less than it paid for them. The online real estate company is facing a $300 million loss after overpaying for thousands of homes as part of its iBuying program, which involves buying and selling homes directly from consumers. Zillow blamed the decision on a mismatch between its pricing algorithm and the rapidly changing housing market, which led to inaccurate valuations and inventory issues.
8. We profiled 15 power players at $95 billion-valued Stripe. The payments giant, which is reportedly preparing for an IPO, has a team of influential executives and leaders who are driving its growth and expansion across the world. Some of the key figures include co-founders Patrick and John Collison, CFO Dhivya Suryadevara, general counsel Trish Walsh, and head of engineering David Singleton.
Odds and Ends:
9. Lenovo Unveils ThinkBook Transparent Laptop Concept, New ThinkPad Laptops, More. The Chinese tech giant showcased its vision of the future of computing at the Mobile World Congress 2024, with a prototype of a laptop that has a transparent OLED display and a wireless keyboard. Lenovo also launched new models of its ThinkPad laptops, featuring improved performance, security, and design.
10. Vivo V30, Vivo V30 Pro India Launch Set for March 7: Here’s What We Know So Far. The Chinese smartphone maker is set to launch its latest flagship devices in India next month, after unveiling them in China in December 2023. The Vivo V30 and V30 Pro are expected to feature 6.5-inch AMOLED displays, Snapdragon 888+ processors, 12GB of RAM, 256GB of storage, and 50-megapixel quad rear cameras³. The Vivo V30 Pro will also have a 32-megapixel dual selfie camera and a 4,500mAh battery with 120W fast charging support.
Follow us for updated news and videos. Read more on http://www.dawentsit.com/ #Technology #DawentsIT #TechnologyNews #Tech #Crypto #Etherium #Bitcoin #cryptocurrency #Facebook #Meta #SocialMedia #Instagram #WhatsApp #ArtificialIntelligence #Ecommerce #AllThingsTechnologyNews #AllThingsTechnologyNewsToday #WeInspireToDeliver
Remember that technology news is constantly evolving, and these summaries provide a snapshot of recent developments. Stay informed and explore the endless possibilities of the digital age with Us!
