Here are the top trending news from the world of technology
Google settles anti-trust lawsuit in France for $220 Mn Euros
Google has agreed to pay $220 Mn Euros to French regulator, after settling one of its oldest lawsuits. French regulator has also sought commitment from Google that it will amend its online advertising practices. The search engine giant must equally not over-exploit its dominant position, the regulator added. The French lawsuit may now very well lay the precedence about how Google will go about in settling the lawsuits in other countries.
El Salvador may become the first country to adopt Bitcoin as legal tender
El Salvador is planning to introduce a bill that will make it the first country in the world to adopt Bitcoin as a legal tender. El Salvador President Nayib Bukele announced about this unprecedented plan in a video conference event ‘Bitcoin 2021 conference’ in Mami. However, details are still unclear about how El Salvador will go about in rolling out Bitcoin as a legal currency.
Jack Dorsey says that his fintech company ‘Square’ is planning to launch a hardware bitcoin wallet
American Fintech firm Square’s CEO Jack Dorsey, who also happens to be the CEO of Twitter, has unveiled an interesting plan to bolster Bitcoin business. Dorsey has said that Square will soon roll out a hardware bitcoin wallet. This upcoming product will give consumers a better control over their crypto deposit, Dorsey said. This decision seems to have been motivated by the fact that Bitcoin’s contribution to Square’s revenue has been steadily growing.
China blocks several cryptocurrency-related social media accounts
Scores of cryptocurrency related accounts were banned on China’s social media platform Weibo over the weekend. According to reports, more stringent actions are expected from Chinese authorities in the coming week. The latest clampdown is apparently part of Chinese government’s ongoing crackdown against cryptocurrency. Over the years, China’s communist regime has made its more than obvious that it isn’t exactly fond of crypto trading.
NASA’S Juno will soon get a close look of Jupiter’s biggest moon
The world will soon get to see Jupiter’s biggest moon – Ganymede – like never before. This is all thanks to Nasa’s spacecraft Juno, which has been orbiting Jupiter since 2016. According to a report by NASA, Juno will come teasingly close to Ganymede on Monday and will start beaming the pictures of Ganymede pretty soon,