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Showing posts from August, 2023

Beware of Scammers: AMD Issues Warning on Fake Starfield GPU Giveaways Targeting PC Gamers

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AMD Warns PC Gamers About Fake Starfield GPU Giveaways Introduction AMD has issued a warning to PC gamers about fake Starfield GPU giveaways. The company advises gamers to be cautious and not fall for scams that try to take advantage of the hype and excitement surrounding Bethesda's upcoming space epic. AMD's Warning Bill Murphy, AMD's Go-to-Market Manager for Software and Gaming, specifically warns gamers about fake giveaways for the custom Starfield graphics card made by Team Red in limited numbers. He urges gamers to be wary and not believe that these giveaways are affiliated with AMD or Bethesda. Scammers and Fake Giveaways Murphy points out a specific giveaway on X (formerly Twitter) by 'Indie Kings', a PC gaming community on Steam. He emphasizes that AMD does not consider this giveaway to be one of their partners. It is important to stay skeptical of any giveaway offers from unfamiliar outlets to avoid falling vict...

Revolutionize Your Command Line Experience with AI Assistant's Seamless Translation Capabilities

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If you struggle with command line syntax, Shell-AI can help If you don’t live on the command line, it can be easy to forget the exact syntax of commands. It often leaves you running to the “/?” or “–help” switches, or else a quick Google search to find the proper incantations. Shell-AI is a machine-learning assistant that could change all that by helping you find the proper command for the job, right on the command line! How does Shell-AI work? Shell-AI accepts natural-language inputs — simply type in “shai” followed by what you’re trying to do. It will then take in your request, run it through an OpenAI language model like GPT-3.5-Turbo, and then present you with three (or more) potential commands. You can then select which command to use and get on with your day. Capable of various commands As demonstrated, it’s more than capable of following commands like “download a random image” or “show only image files ls.” And, hilariously...

Bitcoin Price Correction Expected Before Surging to $28K, Analysts Predict

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Bitcoin Price Correction: BTC Could Drop to $26,800 Before Bulls Take Over Bitcoin Price Starts Downside Correction Bitcoin price recently experienced a decent increase above the $27,000 resistance zone, reaching as high as $28,150. However, the bears have now taken control, leading to a downside correction. Bitcoin started a downside correction from the $28,150 resistance zone. The price is trading above $26,600 and the 100 hourly Simple moving average. There is a declining channel forming with resistance near $27,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline toward $26,800 before it attempts a fresh increase. What's Key Support In BTC? If Bitcoin fails to clear the $27,400 resistance, it could continue to move down. Immediate support on the downside is near the $27,000 level. The next major support is near the $26,800 level or the 61.8% Fib retracement leve...

Japan's July Factory Output Slumps, Puts Manufacturers Under Pressure

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Japan's Factory Output Falls More Than Expected in July Japan's Factory Output Falls More Than Expected in July Introduction Japan's factory output fell more than expected in July, signaling a rocky start to the second half of the year for manufacturers as worries mount over growth in China and the global economy. Industrial output fell 2.0% in July from the previous month, data from the Ministry of Economy, Trade and Industry (METI) showed on Thursday. Reasons for the Decline Output in many industries, including the machinery for production industry, declined due to a decrease in domestic and overseas orders. Output of electronic parts and devices fell 5.1%, while that of production machinery decreased 4.8%, driving the overall decline. Production machinery for semiconductor manufacturing equipment fell by 16.4%. Positive Outlook for Car Production Production of cars rose 0.6% thanks to easing supply chain constraints for automakers...

Bitcoin ETF Approval Odds Surge to 75% as Grayscale's Court Triumph Boosts Confidence: Bloomberg Experts

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What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! πŸ‘‹ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops...you must lock a minimum of 20,000 ACS If you don't have enough, buy ACS on the following exchanges: Connect via Access Protocol Access Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more › Disclaimer: By choosing to lock your ACS tokens with CryptoSlate, you accept and recognize that you will be bound by the terms and conditions of your third-party digital wallet provider, as well as any applicable terms and conditions of the Access Foundation. CryptoSlate shall have no responsibility or liability with regard to the provision, access, use, locking, security, integrity, value, or legal status of your ACS Tokens or your digital wallet,...

July Sees a 0.3% Decline in Employment, Reveals Istat Report

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Employment in Italy Drops in July The number of people in employment in Italy in July fell by 0.3% compared to the previous month, according to data from Istat, the national statistics agency. This translates to 73,000 fewer active workers, bringing the total number of employed individuals to 23,513,000. First Drop in Employment After Seven Months of Growth This decrease in employment marks the first drop after seven consecutive months of growth. The decline affected both men and women, as well as employees and the self-employed, specifically in the 25-49 year age bracket. Employment Rate Falls to 61.3% The employment rate in July also saw a decrease of 0.2 percentage points, reaching 61.3%. Year-on-Year Increase in Employment Despite the monthly decline, the number of people in employment rose by 1.6% compared to July 2022. This translates to 362,000 more individuals in work. ALL RIGHTS RESERVED © Copyright ANSA https://megazineusa.com/jobs/july...

Y Combinator Takes Action: Indian Startup Removed from Batch due to 'Irregularities'

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SEO Friendly News Article Storied Venture Firm Y Combinator Terminates Association with Medobed Introduction Storied venture firm Y Combinator has terminated its association with Medobed, an Indian startup that promises medicine delivery in 10 minutes, after discovering “irregularities” at the firm, several people familiar with the matter told TechCrunch. Discovery of Irregularities A YC partner has also warned many investors in recent days about its discovery of “irregularities” at the firm and cautioned them to not engage with the startup, according to two people familiar with the matter and a copy of the email seen by TechCrunch. In the email, the YC partner said the venture firm “discovered irregularities that broke our ethics policy,” but did not elaborate. “If you have anything outstanding with this company,” the YC partner wrote in the email, “our recommendation is to disengage completely with t...

ASX Slips, Wall Street Sees Modest Gains while Bitcoin Eases: Market Update

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GDP Growth Revised Down to 2.1% in Second Quarter Gross domestic product increased at a 2.1 per cent annualised rate last quarter, the government said in its second estimate of GDP for the April-June period. That was revised down from the 2.4 per cent pace reported last month. Economists polled by Reuters had expected GDP for the second quarter would be unrevised. US 10-Year Note Yield Drops to 4.11% The yield on the US 10-year note was 1 basis point lower to 4.11 per cent at 4.59pm in New York. Probability of Rate Increase Drops Below 50% Swap contracts tied to Fed meeting dates priced in less than a 50 per cent chance of another quarter-point rate increase this year, Bloomberg reported. As recently as Tuesday — before the release of weaker-than-expected gauges of job openings and consumer confidence — a hike was given a probability of about 75 per cent. Wall Street Ends Higher, Focus on Pending Data On Wall Street, shares were modestly higher at the clo...

UBS Posts Impressive 2Q Profit Amid Credit Suisse Acquisition, Anticipates $10B Cost Reductions

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UBS Announces $10 Billion Cost Savings and Staff Reductions Introduction Swiss banking giant UBS has revealed plans to save $10 billion in costs, including cutting 3,000 staff in Switzerland. This move comes as UBS integrates Credit Suisse's operations following a government-orchestrated merger. Earnings Report UBS reported $29 billion in net and pre-tax profit for the second quarter. Underlying profit before taxes was $1.1 billion, excluding negative goodwill and integration costs related to the takeover of Credit Suisse. Credit Suisse Loss Credit Suisse, now a subsidiary of UBS, announced a loss of 8.9 billion Swiss francs ($10.1 billion) for the entirety of 2023. Staff Reductions UBS CEO Sergio Ermotti stated that around 3,000 jobs will be eliminated, but not until late next year. The majority of cost reductions will come from natural attrition, retirements, and internal mobility. Additionally, about 2,000 more redundancies are expect...

Revolutionary AI Chatbots Unveiled by Prominent Chinese Tech Companies, Transforming Public Interactions

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SEO Friendly News Article Chinese Tech Groups Baidu and ByteDance Launch AI Chatbots to the Public Receive free Artificial intelligence updates We’ll send you a myFT Daily Digest email rounding up the latest Artificial intelligence news every morning. Introduction Chinese technology groups Baidu and ByteDance launched their artificial intelligence chatbots to the public on Thursday after receiving regulatory approval from Beijing. AI Start-ups Join the Public Launch A handful of AI start-ups also had their services greenlit for the public. This development is expected to help the companies improve their models and commercialize the technology. They are racing to deliver China's answer to Microsoft's OpenAI. Baidu's Ernie Now Available to Everyone Baidu's Ernie chatbot was previously only available to a limited pool of users for testing purposes. From Thursday, everyone with...

Jawan Trailer: SRK's 'Baap se Baat Kar' Line Sparks Internet Speculation Linking Sameer Wankhede

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SEO Friendly News Article Shah Rukh Khan's Pathaan , which released earlier this year, was full of meta references about patriotism and his religious identity. The trailer of his next film, Atlee's Jawan , that dropped on Thursday, has indicated that this action thriller may be no different. The internet has particularly caught on to one dialogue because of its meta reference to the Aryan Khan arrest case. (Also Read: Jawan trailer: Shah Rukh Khan hijacks trains, fights for the country, wants 'Alia Bhatt' ) Shah Rukh Khan in and as Jawan in the trailer Shah Rukh Khan's ‘baap’ dialogue The story of Jawan is rumoured to revolve around a father-son relationship, with Shah Rukh playing the double role. At one point in the trailer, Shah Rukh's father character says, “Bete ko haath lagane se pahle, baap se baat kar” (Deal with the father before you touch the son). Obviously, this has got the internet drawing parallels to Shah Ru...

Bitcoin Whales Revel in Grayscale's Triumph: A Celebration of Success

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BTC Reclaims $27,000 Price Mark Following Grayscale's Victory Against SEC BTC Reclaims $27,000 Price Mark Following Grayscale's Victory Against SEC Introduction BTC reclaimed the $27,000 price mark following the court’s decision in Grayscale’s case against the SEC. Prior to the news, some BTC whales had accumulated a significant volume of the leading coin. Violent Sell-Offs On 17 August, unexpected violent sell-offs in the Bitcoin [BTC] market sent the king coin’s price below $25,000 for the first time since 20 June. This deleveraging event resulted in the removal of $2.5 billion worth of open interest from the futures markets within a few hours. Source: Glassnode Stagnation and Decline As sentiment grew poorer, BTC’s price stagnated at $26,000 in the days that followed. On a daily chart, key momentum indicators plunged to two-year lows, suggesting a significant decline in coin accumulation. Rally Above $27,000 However, during the intraday tra...

πŸš€πŸ’₯ Grayscale Court Win Sends Shockwaves Through Crypto Market! πŸ“ˆπŸ’° This #CryptoETF just got a major boost, paving the way for massive gains! πŸ“ˆπŸ’₯ Don't miss out on the next big thing in #crypto! #InvestmentOpportunity #CryptoNews #Bullish #GameChanger

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SEO Friendly News Article Tuesday Court Ruling Opens Door for Bitcoin ETF Approval Introduction Tuesday brought a decision felt throughout the cryptocurrency ecosystem. The United States Court of Appeals ruled that Grayscale can convert GBTC into a spot bitcoin exchange traded fund. Ruling Sparks Rally in Bitcoin and Crypto-Adjacent Equities The ruling represents a victory over the Securities and Exchange Commission (SEC). This could pave the way for the commission to finally approve spot bitcoin ETFs. U.S. market participants have long desired access to this asset. The ruling sparked a sizable rally in bitcoin, GBTC, and various crypto-adjacent equities and ETFs. For example, the Invesco Alerian Galaxy Crypto Economy ETF (SATO), in which GBTC is the largest holding, surged 12.81%. SATO's Holdings and Bitcoin ETF Implications GBTC is the largest holding in SATO, which consists of 36 holdings. Many of the...

China's Manufacturing Activity Contracts in August, Signaling Economic Slowdown

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SEO Friendly News Article Activity in China's Manufacturing Sector Contracts for Fifth Straight Month Receive free Chinese economy updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese economy news every morning. Introduction Activity in China’s manufacturing sector contracted for a fifth straight month in August, according to an official survey, adding pressure on policymakers in the world’s second-largest economy to take action to shore up growth. Key Findings The country’s manufacturing purchasing managers’ index was 49.7 for the month. A reading of below 50 indicates contraction compared with the previous month. The non-manufacturing PMI, which covers services and industries such as agriculture and construction, was 51. A series of disappointing data has fuelled concerns about China’s economy, where a widely anticipated rebound following the lifting of Covid-19 ...

Unraveling Markets Pose Challenges to ECB's Efforts, Warns Schnabel

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SEO Friendly News Article Euro Zone Growth Weaker Than Predicted, Says ECB Board Member Isabel Schnabel Member of the German advisory board of economic experts Isabel Schnabel poses ahead of a news conference in Berlin, Germany, November 6, 2019. REUTERS/Fabrizio Bensch/File Photo Euro Zone Growth Weaker Than Predicted Euro zone growth is weaker than predicted just a few months ago Rate Hikes and Investor Reactions Investors are undoing some of the European Central Bank's past work ECB board member Isabel Schnabel says this does not automatically void the need for more rate hikes Debate on Rate Hikes The ECB has raised rates at each of its policy meetings in the past 13 months Policymakers are debating whether to pause or to hike again to put inflation firmly on course to 2% Arguments for More Rate Hikes Isabel Schnabel acknowledges the growth headwinds She raises several arguments suggesting that the job may not be done Mark...

California Lawmakers Propose Bill to Exempt Military Pensions from State Taxes, Supporting Veterans' Financial Security

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SEO Friendly News Article California Considers Exempting Military Retirees from State Income Taxes Introduction California is home to the largest number of active-duty military personnel and veterans in the nation. However, many retirees are leaving the state when they retire from the armed forces. Retirement Income and Taxes Retired Brigadier Gen. Dan Pemberton, who served in the U.S. Air Force and Air National Guard for 24 years, states that military retirement is a substantial portion of his retirement income. However, like any income in California, military pensions are taxed. Proposed Bill to Exempt Military Retirees from State Income Taxes A state Assembly bill, AB46, aims to exempt retirees and their surviving spouses from paying state income taxes on military pensions for the next decade. This bill is currently working its way through the California Legislature. Support for the Bill Mike McNerney, director of Vets In Tech and a former Air Force...

California Lawmakers Propose Bill to Grant Tax Exemption for Military Pensions

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SEO Friendly News Article California Considers Exempting Military Retirees from State Income Taxes California has the highest number of active-duty military personnel and veterans in the nation, but many retirees are leaving the state due to taxes. Retirement Income and Taxes Retired Brigadier Gen. Dan Pemberton states that military retirement is a substantial portion of his retirement income. Like any income in California, military pensions are taxed. Assembly Bill for Tax Exemption A state Assembly bill, AB46, aims to exempt retirees and their surviving spouses from paying state income taxes on military pensions for the next decade. Support for the Bill Mike McNerney, director of Vets In Tech and a former Air Force captain, supports the bill. Several veteran groups also support the bill introduced by Highland Assemblyman James Ramos. California's Taxation of Veterans Pensions California is one of three states in the nation that fully taxes...

Samsung One UI 6.0 (Android 14) Beta 2 Update Faces Delay, Disappointing Users

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Samsung Delays Release of One UI 6.0 Beta 2 Update for Galaxy S23 Series Introduction Samsung released the first One UI 6.0 beta update to the Galaxy S23 series three weeks ago. The second beta update was initially expected to be released on August 29. However, the company has announced another delay in its release. Delay in Release Samsung has now announced via @IceUniverse in its Community Forum in China that the release of the One UI 6.0 Beta update has been delayed from August 31 to September 4. This delay of four days is likely due to bugs that need to be addressed. Possible Reasons for Delay The exact reasons for the delay are unknown, but it is speculated that Samsung is taking extra time to fix any existing bugs before releasing the update. Previous Bugs Users who have installed the first One UI 6.0 beta update on their Galaxy S23 Ultra have encountered several minor bugs. These include stuttering animations, disappearing apps and widgets on th...

Introducing Samsung Food: The New and Improved Rebranding of the Whisk App

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Samsung Acquires Whisk and Rebrands it as "Samsung Food" Samsung has acquired the popular recipe app Whisk and rebranded it as "Samsung Food." The app is available on both Android and iOS devices. Samsung quietly acquired Whisk in 2019 and has now rebranded it as "Samsung Food." The app works similarly to Whisk, with support for over 100 countries and over 160,000 recipes. Samsung Food retains Whisk's best features, including saving recipes from the web, step-by-step guides, and meal planning. The new app also supports integration with Samsung appliances, such as refrigerators, ovens, microwaves, and induction ranges. Samsung plans to add vision-based AI features to the app in 2024, allowing it to recognize food items and provide nutrition information. The rebranded app is now available as an update to the Whisk app on Android and iOS. Samsung Food offers a wide range of features to support users in meal planning and cooking, in...

Microsoft's New Video Pass-Through Headset Set to Rival Apple Vision Pro in Immersive Experience

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AR Headset Race: Microsoft vs Apple AR Headset Race: Microsoft vs Apple Introduction The AR headset race between Microsoft and Apple is just getting heated. The Redmond-based tech giant is working on a new line of video pass-through headsets. The patent has just been cleared from the queue and is now up for review. Similarities with Apple's Vision Pro It works almost similarly to Apple’s Vision Pro in the end, and instead of using a specialized augmented reality headset like its HoloLens devices, you’ll simply see a live camera feed of the real world overlaid with augmented reality content. Key Concepts and Designs The patent was first filed back in April 2021, but has just been published for public feedback recently. Microsoft claims a few key concepts and designs of this new pass-through headset. It includes: A host computer A head-mounted display device (HMD) A camera An augmented reality (AR) control circuit A display Video Stream and...

Elon Musk Assures Tesla's Full Self-Driving Improvements Will Soon Overcome Compute Constraints, Says NVIDIA and Tesla

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Tesla Inc CEO Elon Musk Says Version 12 of Full Self-Driving Software Still Training, But Compute Training Will Not Slow It Down Tesla Inc CEO Elon Musk Says Version 12 of Full Self-Driving Software Still Training, But Compute Training Will Not Slow It Down Introduction Tesla Inc CEO Elon Musk announced on Wednesday that version 12 of its full self-driving (FSD) software is still in the training phase. However, he assured that compute training will not slow down the process. What Happened Musk responded to a user who calculated that the training speed of version 12 should at least quadruple once chip-maker Nvidia Corp's H100 cluster is fully operational. Musk also mentioned that the training speed could increase even further if there is a lot of Dojo online. Tesla Activates Nvidia H100 GPU Cluster This week, Tesla activated the 10,000-unit Nvidia H100 GPU cluster. Musk stated that this cluster is three times faster than the A100 in the company's...

OpenAI Seeks Court's Dismissal of Authors' Claims in AI Copyright Dispute

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OpenAI Fights Back Against Lawsuits Over Use of Prose in ChatGPT Training OpenAI is trying to dismiss various claims in two legal actions launched by authors and comedians, who sued the machine-learning super-lab for scraping their books to train ChatGPT without explicit permission. Lawsuits Filed Against OpenAI In June, novelists Paul Tremblay and Mona Awad filed a lawsuit against OpenAI in the US over its harvesting of prose. Days later, comedian Sarah Silverman and novelists Christopher Golden and Richard Kadrey also sued the biz. Both parties accused the ChatGPT maker of copyright infringement for ingesting their work to train the chatbot. OpenAI's Response OpenAI's lawyers have hit back, asking a federal court in San Francisco to dismiss five out six claims brought by Tremblay and Awad, those being: vicarious infringement, violation of the Digital Millennium Copyright Act, unfair competition, negligence, and unjust enrichment. It is, however, prepar...

πŸš€πŸ’₯ BOOM!πŸ’₯πŸš€ Grayscale, you did it! πŸŽ‰πŸ’ͺ Major victory as Grayscale Wins Lawsuit against SEC! πŸ™ŒπŸΌπŸ”₯ Denied no more, the bid to convert GBTC into a Bitcoin ETF has been approved! πŸš€πŸ’° Time for the revolution! πŸ’₯🌍 #Grayscale #SEC #BitcoinETF #CryptoRevolution #GameChanger

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SEC Ordered to Reevaluate Rejection of Grayscale's Proposal SEC Ordered to Reevaluate Rejection of Grayscale's Proposal The court of appeals ruled that the SEC’s denial of Grayscale’s proposal was “arbitrary and capricious.” Photo by Jonathan Borba on Unsplash Posted August 29, 2023 at 9:05 pm EST. The U.S. Securities and Exchange Commission (SEC) has been ordered to vacate its rejection of Grayscale Investments’ bid to convert its flagship fund – the Grayscale Bitcoin Trust (GBTC) – into an exchange traded fund (ETF). In an order issued on Tuesday, U.S. Court of Appeals Circuit Judge Neomi Rao granted Grayscle’s petition for review, meaning the SEC will have to reevaluate its treatment of the GBTC issuer’s application. Judge Rao referred to the SEC’s recent approval of two Bitcoin futures ETFs for trading on national exchanges and it’s denial of Grayscale’s application for a similar product. “Petitioning for review of the Commiss...

Grayscale's Recent Court Win Propels Crypto ETF to New Heights

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SEO Friendly News Article Tuesday's Ruling Opens Door for Grayscale to Convert GBTC into Bitcoin ETF Introduction Tuesday brought a decision felt throughout the cryptocurrency ecosystem. The United States Court of Appeals ruled that Grayscale can convert GBTC into a spot bitcoin exchange traded fund. Victory Over the SEC The ruling represents a victory over the Securities and Exchange Commission (SEC) and could pave the way for the commission to finally approve spot bitcoin ETFs — an asset that’s long been desired by but unavailable to U.S. market participants. Rally in Bitcoin and Crypto-Adjacent Equities The ruling sparked a sizable rally not only in bitcoin, but in GBTC and various crypto-adjacent equities and ETFs. For example, the Invesco Alerian Galaxy Crypto Economy ETF (SATO), in which GBTC is the largest holding, surged 12.81% yesterday, confirming the fund’s sensitivity to important crypto headlines. GBTC is t...

Transforming Pretoria Boys High: Old Boy's R2.8m Bitcoin Investment Powers Solar System Installation

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Crypto Investor Buys Solar System for Pretoria Boys High School Using Bitcoin A crypto investor has used Bitcoin to buy his alma mater, Pretoria Boys High School a solar system worth R2.8 million. Pretoria Boys High is getting a new solar PV system that was funded by a Bitcoin investor. The school will pay the investors based on the output of the solar panels. The school's headmaster said it will save on energy costs and did not have any initial capital expenditure. For more stories, visit the Tech and Trends homepage. An investor, and Pretoria Boys High School (PBHS) old boy, used Bitcoin to buy a solar system worth R2.8 million for the school. PBHS was crowdsourcing a solar PV system through the Sun Exchange platform, which enables organisations such as schools and businesses to get access to solar energy systems for no upfront capital cost. The platform allows investors to crowdsou...

Blockchain App Factory and AME Chain Join Forces to Revolutionize Web3 Applications with New Ecosystem Development Partnership

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SEO Friendly News Article The Emergence of Blockchain App Factory and AME Chain Partnership The firms have forged a mutual ecosystem development partnership to develop new-age Web3 business applications reinforced with security. Partnership Announcement Date: Aug. 30, 2023 Location: New York Blockchain App Factory, a renowned blockchain ecosystem development provider, has partnered with AME Chain, a new-age Layer-1 blockchain network utilizing advanced computing technology. This partnership enables AME Chain to power its Layer-1 solutions using Blockchain App Factory's access to advanced technological stacks and multi-dimensional development capabilities. Addressing Challenges in the Blockchain Industry With Blockchain App Factory as the ecosystem development partner, AME Chain is set to become an eminent blockchain using advanced computing infrastructure to address the pressing challenges in the blockchain industry. Along with this, it has also ac...