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Why XRP’s Rise Amid Coinbase’s Revenue Dip Matters

Why XRP’s Rise Amid Coinbase’s Revenue Dip Matters

Coinbase, a leading U.S. cryptocurrency exchange, experienced a significant downturn with a 17% drop in retail crypto trading and a 10% decline in revenue. Despite the overall market slump, XRP’s performance defied expectations, with transactions on Coinbase surging by 458% in value
May 9, 2025
Transforming Logistics through Technology
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Transforming Logistics through Technology

This week on the GeekTech Podcast, we explore the profound impact of advanced technology on logistics and supply chain management. The rise of automation and artificial intelligence is revolutionizing how businesses distribute products efficiently, reshaping the entire landscape of transportation and delivery
October 12, 2024
Real-Time Face Recognition: A Threat to Privacy
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Real-Time Face Recognition: A Threat to Privacy

The suggestion made by Swedish Police Chief Petra Lundh to adopt real-time facial recognition technology raises significant concerns regarding privacy. This technology poses a risk not only to individual rights but also inadvertently fosters widespread discrimination and is inherently unreliable, argue analysts
October 12, 2024
TikTok Implements Global Workforce Reductions Amid Strategic Shift
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TikTok Implements Global Workforce Reductions Amid Strategic Shift

In a significant restructuring effort, TikTok has announced the termination of hundreds of employees worldwide, including a notable number from Malaysia. The company, part of the Chinese conglomerate ByteDance, aims to enhance its content moderation processes with increased reliance on artificial intelligence.
October 12, 2024
AMD Unveils New AI Chip to Compete in Data Center Market
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AMD Unveils New AI Chip to Compete in Data Center Market

AMD has recently introduced its AI chip, the Instinct MI325X, designed to rival Nvidia’s dominant data center graphics processing units (GPUs). Set to enter production by the end of 2024, this new chip aims to disrupt Nvidia’s stronghold in the industry, potentially
October 11, 2024
The Evolving Landscape of Artificial Intelligence
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The Evolving Landscape of Artificial Intelligence

In today’s technological era, generative models like GPT-4 are pivotal in the advancement of artificial intelligence (AI). These sophisticated systems excel not only at generating textual content but also at creating artistic expressions and providing contextual answers. The rapid evolution of deep
October 11, 2024
Concerns Arise Over AI Implementation in Plovdiv’s Medical Assessments
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Concerns Arise Over AI Implementation in Plovdiv’s Medical Assessments

In Plovdiv, a new artificial intelligence system designed to streamline the processing of medical documentation is causing frustration among residents seeking disability assessments. This technology has recently adjusted how applications are managed, leading to confusion for many individuals. For instance, Sable Lambova,
October 11, 2024
TikTok Adjusts Workforce Amidst Automation Transition
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TikTok Adjusts Workforce Amidst Automation Transition

In a recent statement, TikTok addressed concerns circulating on social media regarding workforce reductions in Malaysia. The company clarified that it is unable to disclose specific numbers due to diverse employment laws in various regions around the globe. However, it anticipates that
October 11, 2024
Innovative Defense Tech Start-Up Gains Ground in Europe
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Innovative Defense Tech Start-Up Gains Ground in Europe

In Munich, Germany, a burgeoning tech company named Helsing has achieved remarkable growth, reaching a valuation of €4.9 billion in just four years. This achievement underscores the rising significance of technology in supporting democracies, particularly in light of recent geopolitical tensions. The
October 11, 2024
The Revolution of AI in Retail: A New Era of Shopping
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The Revolution of AI in Retail: A New Era of Shopping

As the retail landscape evolves, the influence of artificial intelligence (AI) and neural networks becomes increasingly profound. Recent insights reveal that over 40% of retailers have now integrated AI technologies into their operations, particularly within smaller retail businesses. This shift is poised
October 10, 2024
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