BlockFi files for bankruptcy after $400 Million

BlockFi, the cryptocurrency lending and financial services platform that grew 25,000 percent in 2021 and topped Inc.'s 2022 list of fastest-growing companies in America, filed for Chapter 11 bankruptcy protection Nov. 28. Although the company listed between $1 billion and $10 billion in liabilities in its Chapter 11 bankruptcy filing, BlockFi's biggest liability is its association with FTX and Alameda…

Holiday sales in America broke records

Shoppers may have started their holiday gift shopping early this year - but they still turned out for deals. Online sales for Black Friday hit a record $9.12 billion -- up 2.3 percent from last year, Adobe Analytics, the Web analytics division of Adobe, reported. That was higher than the 1 percent year-over-year sales growth forecast. Cyber Monday sales hit…

Google publishes a guide to ranking systems

Google's new guide to ranking systems will inform you about which systems Google uses to rank search results and which are obsolete.Google also introduces new terminology in its latest guide, distinguishing between "ranking systems" and "updates" to rankings.A system such as RankBrain is constantly running in the background. An update, on the other hand, refers to a one-time change in…

Twitter is introducing new ad units

Twitter is launching three new advertising options designed to get people to visit and take action on companies' websites.Twitter's new advertising products include:Website Conversion OptimizationDynamic product adsCollection ads.Twitter said in a blog post that its new ad units "will provide middle and bottom funnel results for advertisers and increase relevance to people on Twitter."Here's how the new ad options can…

Google bypasses security and maps user data

Google’s processing of user data has long been of concern to data privacy enthusiasts. While the technology giant has experienced relatively few data leaks in recent history, its control over the Android platform allows them to collect unprecedented amounts of data.Google is now taking additional steps to ensure that user data is collected on non-mobile devices as well. A network…

It is reported that Bob Iger may sell Disney

Apple buys Disney: Insiders believe they know how Disney CEO Bob Iger will find a new way to come out in the last two years of his life when he regained control of the company less than three years after handing it over to Bob. One of Iger’s former employees at Disney said: «He’s going to sell the company». This…

Meta’s former manager launched a new app called Gas

Former Meta manager (formerly Facebook ) Nikita Beer launched a new app called Gas, which overtook giant competitors like Instagram, Twitter and others. According to Wall Street Journal, Gas is «the most popular application right now» and platform 1 in the app store.One week after the official launch, the platform went viral mostly among high school students, and the application…

Evidence of new Twitter features leaked by security researcher

Google is finally rolling out the local search features announced earlier this year, including the ability to search around with your phone's camera.At the Google Search On virtual conference in September, people discussed innovative local search updates .Google previewed the ability to search restaurants by meal and a new search feature built into Live View on Google Maps.These updates and…

The largest factory for the production of iPhones will appear in India

While Apple has initiated a hiring freeze at its core operations, it is ramping up its production capacity in India. India's Minister of Telecommunications and Information Technology, Ashwini Vaishnav, recently announced that India's largest iPhone manufacturing plant will appear in Hosur, near Bangalore. This factory will employ about 60,000 people; of which 6,000 will be tribal women from the regions…

IBM plans to build a 4,000+ qubit quantum computer by 2025

The main themes of the IBM Think 2022 conference that ended included sustainability, innovation and research, talent retention and automation. Big Blue also announced its intention to develop a 4,000+ qubit quantum computer by 2025. Let's take a look at the important announcements made at the conference.Quantum Ambitions.IBM unveiled its first integrated quantum computer system called IBM Quantum System One…

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