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Facebook Creating its Own Cryptocurrency in Switzerland – Top Trending Stories

Here are today’s Top 5 News & Events from Around the World. Take a look!

#5

FACEBOOK CREATING ITS OWN CRYPTOCURRENCY IN SWITZERLAND

According to Geneva’s commercial register, social media giant Facebook is establishing a new fintech company in Switzerland with the primary focus on payments, blockchain, investing, and data analytics. Interestingly, CEO Mark Zuckerberg was recently asked by the U.S. Senate Banking Committee via an open letter how a new virtual currency can address the legal, privacy, regulatory, and consumer protection concerns. Read more

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#4

OLD SAMSUNG WATCHES TO GET NEW FEATURES

Samsung is looking to release an update that can provide all the features that its Galaxy Watch Active has to its older counterparts. Some of these features include new optimizations, health features, and One UI interface that don’t currently exist in older models like Gear Sport, Gear S3. Read more

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#3

AMAZON SPENDING BILLIONS ON SELF-DRIVING CARS, INTERNET SATELLITES

In light of sluggish core business growth, Amazon is boosting investments in other areas. It’s already announced over six major investments worth billions of dollars which include self-driving car Aurora, around 700 million USD investment in the start-up Rivian which manufacturers electric trucks, and food-delivery company Deliveroo. Read more

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#2

$999 SMART GLASSES FOR BUSINESSES UNVEILED BY GOOGLE, TO COMPETE WITH MICROSOFT HOLOLENS

This Monday, Google Glass Enterprise Edition 2 was unveiled by Google which is a new Google Glass model that’s primarily designed for business uses. It runs on a more powerful Qualcomm Snapdragon XR1 platform which the tech giant believes can improve battery life. Priced at $999, the smart glasses look to undercut Microsoft’s HoloLens that cost a whopping $3,500. Read more

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#1

MICROSOFT, GOOGLE, AMAZON, APPLE SUED OVER “MASSIVE MUSIC PIRACY”

A lawsuit was recently filed against Microsoft, Pandora, Amazon, Google, and Apple and various music distributors that are associated with them under which they are accused of selling over 6,000 unauthorized records of songs that were composed by Harold Arlen. The case has been said to concern “massive music piracy operations” and an amount of 4.5 million USD has been sought by the plaintiff for the same. Read more

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