Technology News

By Katanga Johnson WASHINGTON (Reuters) – A year after the “meme stock” rally humbled hedge funds and roiled Wall Street, U.S. regulators are studying ways to crack down on psychological prompts used by Robinhood Inc and other commission-free brokers to promote frequent stock trading on smartphone apps. The Securities and Exchange Commission (SEC) started scrutinizing commission-free brokers like Robinhood, Webull Financial LLC and SoFi Inc last year after retail investors drove GameStop and other “meme stocks” sky high in Jan. 2021. The furious rally pushed GameStop shares up more than 1,500%… Read More “Analysis-Will the games stop? SEC mulls crackdown on trading apps”

By Laman Ismayilova Azerbaijan’s cultural heritage will be presented in New York on January 27. The virtual exhibition will feature nine art pieces which brilliantly combine artificial intelligence and art. The project is co-organized by Orkhan Mammadov and Lara Binnet originally from Ganja. Using the latest technological algorithms, Mammadov recreated traditional Azerbaijani carpets and kilims. Orkhan Mammadov, who has a high level of knowledge in artificial intelligence, is one of the only ones who was able to combine the technology of algorithms with Azerbaijan’s culture. He actively partic… Read More “Azerbaijani carpets to be shown in New York”

As the common refrain goes, data is the new oil. With data collection being an integral part of esports, the vast majority of business decisions made in the industry are driven by numbers. To measure the validity of specific engagements, brands typically use data-based performance indicators that can ultimately help to establish long-lasting and sustainable partnerships. RELATED: Bayes: Esports data value degradation Despite being around since 2017, it wasn’t until the end of 2020 that news stories concerning ShikensoAnalytics started making headlines. Freaks4U Gaming, FATE Esports, BLAST, OG … Read More “Shikenso Analytics: Making esports data collection smarter”

MOSCOW: Russia hit back Wednesday at US threats of direct sanctions against President Vladimir Putin, saying moves against the Russian leader would be ineffective and hurt efforts to lower tensions over Ukraine. Officials from France, Germany, Russia and Ukraine were set for talks in Paris on Wednesday in the latest bid to ease a crisis sparked by fears that Moscow is preparing an invasion of its pro-Western neighbour. The West has warned Russia of severe consequences if it does invade, and on Tuesday, Washington said there could be sanctions personally targeting Putin. Reacting to the news, K… Read More “Russia warns against ‘destructive’ sanctions on Putin”

To speed things up on the road to self-driving cars, Volkswagen and Bosch are teaming up to develop a software platform to make partially and highly automated driving ready for mass production. This could create the basis for more complex applications all the way up to the industry’s holy grail of fully automated driving, both companies announced. “The first functions should be usable for customers as early as next year,” VW CFO Arno Antlitz said on Tuesday. For the time being, the focus is on Level 2 – i.e. without constant steering by the driver – and Level 3, where the computer takes over f… Read More “Volkswagen teams up with suppler Bosch to take on Tesla’s Autopilot”

By Luc Olinga Opportunists quickly made a lot of money by creating fake coins to benefit from a tweet from McDonald’s highlighting its adorable character Grimace. Here’s a scenario to which cryptocurrency fans are accustomed: An influencer praises the merits of or evokes a token on social media. And the token value immediately flies to the moon. But for neophytes, who are wondering whether they should buy cryptocurrencies whose prices have plummeted, it will be an additional reason to stay away. And regulators will see this as a reason to speed up the regulation of the crypto space. Opportunis… Read More “McDonald’s Tesla Joke Sends Fake Grimacecoins to the Moon”

By Jesús Aguado MADRID (Reuters) – Spain’s Santander announced on Wednesday the launch Zinia, a new buy now, pay later platform it plans to roll out across its markets this year, starting in the Netherlands and Spain. The initiative is part of a wider strategy by European lenders aimed at boosting their revenues as they struggle with low interest rates while trying to fend off competition from technology firms. Buy now, pay later (BNPL) services have exploded in popularity in tandem with the acceleration in e-commerce during the pandemic. However, they have drawn scrutiny from regulators over … Read More “Spain’s Santander launches buy now, pay later platform across its markets”