In this blog you can visit new technology latest news about advance technology viral news latest andriod phones and much more visit this blog for more updates daily thanks
On the back of sizable gains posted yesterday, tech stocks are once again rising sharply in pre-market trading today. Futures concerning the tech-heavy Nasdaq Composite index are indicating a 3.4% gain this morning, far above a 1.7% gain that the broader S&P 500 index is currently anticipating.
The market capitalization of some of the world’s most valuable companies have added tens of billions of dollars in value this morning, with Apple rising 3.9% in pre-market trading, and Microsoft gaining an even-richer 4.4%.
Smaller key players in the tech market are also rising, with Salesforce gaining 2.9% ahead of the bell, and Twilio adding 3.3% to its own value.
The price of heavily-traded assets have whipsawed during the last 24 hours, with yield on American government debt falling last night — indicating that investors were bullish on the economy as a whole — before rising again when it became clear that no so-called Blue Wave was forming. The prospect of a divided Congress could stifle future economic stimulus, the possibility of which has been a key narrative driver for market trading in recent months.
Precisely why tech stocks are racing higher this morning is not entirely clear. One obvious possibility is that investors are returning to their summer trade, when they bid shares of software-heavy companies higher in hopes of parking their wealth in the firms with the best chance of posting regular growth during a period of intense economic uncertainty.
If a divided Congress means a drag on more stimulus, why not return to the play that worked before?
For tech, and tech-enabled companies hoping to go public before the year ends, or in early 2021, the rally is welcome news. But, as with everything in this election, things could still change.
Listen chief, it’s Election Day in the United States. You know that, I know that. Everyone knows that — and in the off-chance anyone wasn’t clued in to the fact, the last few weeks have offered a non-stop barrage of reminders to vote. Today. Tuesday. November 3. 2020.
It seems the last one to find out, however, was Siri. If you happened to greet Apple’s smart assistant with a “Happy Election Day” earlier today, it may well have answered that the big day isn’t until November 8, as pointed out by noted Twitter enthusiast, Lucas Matney.
Image Credits: Kirsten Korosec
Apple has since fixed the issue, though the problem appears to be that Siri jumped the gun here. November 8 is, in fact, election day. Just not this year. November 8, 2022 marks another major election here in the U.S. — namely the midterms, which will no doubt be all sorts of fun and nerve-racking in their own beautiful way. A never-ending source if anxiety, this beautiful thing the ancient Greeks called “democracy.”
Siri notably wasn’t the only one that mixed up their dates. An Instagram cache issue earlier today caused the social media service to suggest to users that “Tomorrow is Election Day.” Which, it’s not. While it seems likely the presidential race will still be up in the air come tomorrow, showing up at your polling place to vote will likely be frowned upon.
With one day to go to the election, our thoughts are with those who look forward to talking about something else. Difficult as it might be to imagine, there must be other things to work on. One thing that comes to mind is the impact of the virus on how we manage our days and nights in a digital environment. Mobile devices have already propelled much of the change, but the pandemic has accelerated the move to a hybrid distributed lifestyle.
The election has mandated our attention to the political situation in ways that have expanded early voting and legal efforts to slow it down. Regardless of the outcome, the pressure to adapt to this new collaborative workflow will intensify. People have already seen significant shifts from commuting to time switching in a home context. Podcasting, which had emerged from a hackerish geeky hobby in recent years, has morphed into a more commercial adjunct to mainstream media.
In the process, new formats such as newsletters and live streaming have attracted investment from companies including Spotify and Audible, related technologies like Otter (transcription), Substack, Medium, new bundles of services (Apple One) and cable network disrupters, digital-first publishers like The Recount may have started out as traditional takes on political commentary, but in the windup of the campaign they are reaching audiences via notifications rather than repetitive cable talking heads and panels.
This roll up of breaking notifications and user-controlled editorial access have major implications for the near future post-election, however long it takes to plow through legal challenges and the restaffing of whichever government is formed. Also impacted will be congressional and antitrust attempts to regulate social media, and what I suspect will be a shift to private discussions and trend analysis. The interest groups and market makers that result from this realignment will offer exit strategies for companies like Twitter and YouTube where the risk of being broken up will be mitigated by powerful new business models for content creation and distribution.
By January 20th, a new influencer architecture based on notifications and live streaming will endow the media with tools it needs to lead the transition to safe, secure, hybrid digital/live events. Streaming will give new artists and entrepreneurs a platform to separate influence and impact from lossleader gatherings online, bolstered by association with food and tools delivery winners like Apple and Amazon. A similar synergy between tech companies and media advertising will be overt (Apple + and Prime) as well as implicit (the growth in Amazon search. and Twitch watch parties).
COVID therapeutics such as Regeneron create a roadmap for these private groups to reorganize as Costco-like next-wave restaurants, entertainment events and political efforts to consolidate economic power. With a combination of transparency and what could be called reverse boycotts, customers will align with products and companies who promote values-based association with stakeholders across the spectrum.
Central to the relationship is providing ethical access to important data in return for clear guidelines for the use of that data at scale. If this election has been correctly assessed as signaling a massive change in the electorate, the period of deescalation from the pandemic can foster a sense of ownership of that success by the incoming majority. Notification-based entertainers such as Sarah Cooper and more mainstream projects like Matthew McConaughey’s new book, “Greenlights,” speak initially to the Zoom home/work crowd, and soon to the formation of new studios and networks.
Who really knows how this transformation is playing out, given the terrible consequences of Trump’s impact on our country and its standing in the world. But the generation that followed the Greatest Generation is discovering it has more to it than the free love of rock and roll and following our bliss. That same generation ushered in the technology and media revolutions.
Now we’re suffering the backlash of so-called free software where our data is the real product, where Big Brother is extending power by acqui-hires and preemptive pivots. Yet still our democracy persists. Time to count the vote.
As gaming’s popularity reaches epic heights, venture investors’ activity in the industry doesn’t seem to equate with the overall size of the games market. Spurred by an unreal year where traditional entertainment has been upended by the COVID-19 pandemic and consumers find unity in virtual worlds like Animal Crossing and Fortnite, gaming has never been more popular.
Late-stage investors have shown that they have a tremendous appetite for businesses in the gaming industry. They’ve been pouring capital into established gaming companies like Scopely, which on Wednesday announced a $340 million investment round at a $3.3 billion valuation. But venture capital simply hasn’t given the gaming industry and the broader synthetic market the attention it deserves given its place in the entertainment and cultural firmament.
Just ask LeBron “Bronny” James Jr., the son of the NBA’s biggest star, who became a professional athlete this week — as a gamer with one of the most popular teams in online gaming, FaZe Clan. Or look at Unity, the creator of a popular game development engine, whose stock price has nearly doubled since its public offering in mid-September. Since opening trading at $56 per share, the stock has nearly doubled in value and is now trading at $100 per share.
In the first half of the year gamers spent $36.8 billion on games through both the Android and iOS app stores, according to data from SensorTower. New game installs are also up for the year. The app analytics company said that new game installs were up to 28.4 billion over the first half of the year. Annually the 15 billion new game downloads in the second quarter represented a 45.2% year-on-year growth in gaming.
Then there’s Bitkraft, one of the only venture firms to focus on the totality of the gaming industry, which announced the close of its most recent fund, a $165 million investment vehicle. The firm, which added a former Goldman Sachs managing director earlier in the year to capitalize on the opportunity in what the firm calls “synthetic reality” investments, raised $25 million more than its $140 million target. One of these things is not like the others.
“I’ve been in the games industry for 23 years now [and] I’ve always had this huge fundamental conviction of video games not only dominating the entertainment industry but sort of taking up a big part of what society is — where video games create the digital identities that define evermore of what we understand of ourselves,” said Jens Hilgers, Bitkraft’s founding general partner. “We feel that these are times of acceleration … it’s great to see how we’re leapfrogging one or two or three years of the games industry in this crisis and it makes it more exciting to invest in these times.”
The Unity public offering, and its emphasis on markets outside of gaming, seems to prove Hilgers point and show just how much opportunity remains around the notion of synthetic reality in business and entertainment.
“Their thesis around democratizing access to gaming tools by letting hobbyists use the tools for free is smart, if you want to win the market,” said Alice Lloyd George, founder of Rogue Ventures, a new investment firm focused on frontier technologies and gaming investments.
Lloyd George compared Unity’s business to its biggest competitor, Epic Games, and noted that both have broad aspirations. “Both of them want to use their game engines beyond pure gaming,” Lloyd George said of the two big new gaming platform developers. “Unity is really well-positioned because they’re so strong on mobile. That positions them well for AR and VR. And you need onramps for the developers for AR and VR.”
Engagement and the future of entertainment
When Scopely’s co-chief executive Walter Driver talks about the attraction of gaming properties for players — and the reason investors have been willing to value his Los Angeles-based company in the billions of dollars — he talks about the connections between players. “People have found — and investors looking at the space have found also — that people value the connection they’re getting from interactive experiences. It’s not just our relationship with the players, but their relationships with each other,” Driver said. “Inside of most passively consumed media experiences, you don’t have an identity. You don’t have friends.“
from Android – TechCrunch https://ift.tt/2JyN9W5
via IFTTT
Apple is closing out the year with another big event, Twitter details its plans to fight election-related misinformation and WeWork employees used an embarrassingly insecure printer password. This is your Daily Crunch for November 2, 2020.
The big story: Apple announces its next big event
Yes, almost everyone’s attention is locked onto tomorrow’s U.S. presidential election, but Apple is giving us an excuse to look beyond November 4 — it’s holding another big event, themed “One More Thing,” on November 10 at 10 a.m. Pacific.
What’s the one more thing? Most likely, Apple will unveil the first Macs built with the company’s ARM-based processors and also provide a release date for macOS Big Sur.
The transition to “Apple silicon” was announced earlier this year at WWDC, with Tim Cook describing it as “a historic day for the Mac.” But now we’ll actually get some product details.
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 3pm Pacific, you can subscribe here.
Apple just sent out invites for its latest — and last — big event of 2020. Set for 10AM PT on November 10, the “One More Thing” event will almost certainly focus on the long-awaited arrival of Apple silicon Macs. The big event will, naturally, be online-only — as it seems will all big tech shows for the foreseeable future.
The move toward virtual events amid the COVID-19 shutdown has afforded companies the ability to break these spotlight events up more than in past years. After all, simply asking reporters and analysts to tune into a livestream is a much smaller lift. As such, the company has taken advantage, with three events in quick succession. The first focused on the new Apple Watch and iPads, the second iPhones and now it seems inevitable that Apple is going to turn its attention to the Mac.
The show will likely see the long-awaited release date for macOS Big Sur, along with the unveiling of Macs built around the company’s priority ARM-based processors.
“On the Rocks,” a new film on Apple TV+, focuses on a troubled marriage between Laura (a writer played by Rashida Jones) and Dean (a startup executive played by Marlon Wayans). When Laura begins to suspect Dean of cheating on her, she turns to her father Felix (Bill Murray) for help.
The film reunites Murray with his “Lost in Translation” director Sofia Coppola. It can feel feather-light at times, thanks to his seemingly effortless charm — it’s hard to resist Felix when he’s singing to a bar full of strangers or devouring caviar during an impromptu stakeout. But the script and performances also make it painfully clear that he’s let Laura down as a father, and that her disappointment hasn’t gone away.
As we discuss on the latest episode of the Original Content podcast, we loved watching beautifully shot footage of Murray and Jones in classic New York City bars and restaurants. We were, however, a bit less satisfied with the ending, which doesn’t really do justice to all the thorny emotional issues that the film raises.
You can listen to our review in the player below, subscribe using Apple Podcasts or find us in your podcast player of choice. If you like the show, please let us know by leaving a review on Apple. You can also follow us on Twitter or send us feedback directly. (Or suggest shows and movies for us to review!)
And if you’d like to skip ahead, here’s how the episode breaks down:
0:35 “Emily in Paris” listener response
4:50 “Songbird” trailer discussion
9:14 Netflix price discussion
15:50 “On the Rocks” review
33:00 “On the Rocks” spoiler discussion
