Apple won’t launch a smart ring, says Oura CEO: ‘It’s hard to do’

The Oura Ring 4. Courtesy: Oura LISBON — Apple will not introduce a smart ring, the CEO of health-tech firm Oura told CNBC, despite speculation the iPhone giant may be considering a move into this product category. Samsung’s smart ring debut earlier this year has put the product firmly in the spotlight, with one analyst predicting earlier this year that Apple could launch its own smart ring in 2026. But

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Bitcoin (BTC) at $88K Catapults MicroStrategy (MSTR) Price to 24-Year Record High; Aptos, Near, Render Surge

MicroStrategy (MSTR), the Nasdaq-listed software company with the largest corporate bitcoin treasury, melted up 25%, closing the day at a new all-time high price of $340, overcoming its 24-year old record from the dotcom bubble era. The company announced on Monday that it acquired 27,200 BTC, bringing its total holdings to 279,420 bitcoin, worth about $24.5 billion at current price. Source link

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FTC cracks down on fake reviews with new rule set to ban phony feedback

FTC cracks down on fake reviews with new rule set to ban phony feedback – CBS News Watch CBS News With up to 40% of online reviews found to be fake, the Federal Trade Commission is introducing a new rule to ban deceptive feedback. Nick Thompson, CEO of “The Atlantic,” explains how it will work. Be the first to know Get browser notifications for breaking news, live events, and exclusive

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SoftBank earnings Q2 2024

The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Photographer: Toru Hanai/Bloomberg via Getty Images Toru Hanai | Bloomberg | Getty Images Japanese giant SoftBank logged a 608.5 billion yen ($3.96 billion) gain on its Vision Fund tech investment arm in its fiscal second quarter

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Biden administration announces $750 million investment in North Carolina chipmaker Wolfspeed

The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to semiconductor developer and manufacturer Wolfspeed. The money will be used to support the company’s new silicon carbide factory in North Carolina that makes the wafers used in advanced computer chips and its factory in Marcy, New York. In addition to the government grant, a group of investment funds led by Apollo, The Baupost Group,

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Bitcoin is closing in on $90,000 for the first time ever

Bitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier. The flagship cryptocurrency was last higher by 12% at $89,100, according to Coin Metrics. Earlier Monday, it rose as high as $89,623.00. Its price is expected by many investors to continue making fresh records on its way up to $100,000 later this year. “Bitcoin is now in price discovery mode after breaking through all-time

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Decentralized Social Media Firm Lens Eyes Massive Scale-Up

Lens, which was founded in 2022 by the creators of decentralized finance (DeFi) giant Aave, released its version 3 on Monday, having already empowered some 550,000 users by granting them complete ownership of their social identity, the data they create, the connections they make and the audiences they communicate with. Source link

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Stunning details of iconic shipwreck Endurance revealed in never-before-seen footage

Legendary Antarctic explorer Ernest Shackleton’s ship Endurance sank more than a century ago and its wreck lay undiscovered at the bottom of the Weddell Sea until March 2022. Now, the team behind its discovery has joined forces with an Oscar-winning film crew for a new National Geographic documentary showcasing how they located the storied vessel’s last resting place. “Endurance” features thousands of 3D scans shot by a 4K camera deployed

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