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 Microsoft disappointed with weak cloud earnings, sparking growth concerns. AI investments, including ChatGPT, haven’t shown significant returns yet. Investors await signs of AI integration; further disappointment could lead to sell-offs. Also: Smart money is starting to look ahead to 2025’s biggest winners and have named ‘The Next Nvidia’ to profit Lee and Doug […]
The post Microsoft’s AI Dreams Are Vanishing appeared first on 24/7 Wall St..

Microsoft’s AI Dreams Are Vanishing

The Motley Fool

Microsoft is currently the largest holding in the Bill & Melinda Gates Foundation Trust portfolio.

Billionaire Bill Gates Has 33% of His $46 Billion Foundation Invested In This Once-In-A-Generation Artificial Intelligence (AI) Stock

Singapore – UXLINK is excited to announce the launch of its cutting-edge chain abstraction stack, designed to revolutionize how developers and users interact with blockchain technology. UXLINK’s next-gen chain is an omni-chain infrastructure that empowers builders to create applications capable of scaling to billions of users across all blockchains, seamlessly bridging the gap between Web2 simplicity and Web3 innovation.

Uxlink Unveils Next-Gen Social Growth Omni-Chain Infrastructure to Empower Builders and Scale Apps to Billions of Users

Microsoft and Palantir have announced an expansion of their partnership, one focused on bringing secure cloud options to US national security missions. The two companies both have a long history of working on secure government services and environments. Microsoft, for example, gained Impact Level 6 certification in late 2019, the highest IT security certification the Pentagon provides. Impact Level 6 allows the company to store classified data in the cloud.

Microsoft & Palantir Partner To Deliver Secure Options For National Security Missions

Zug, Switzerland, 12 August, Chainwire — Aleph Zero launches its ultra-fast Ethereum-compatible layer-2, expanding its privacy tools and new apps compatible with the world’s biggest Web3 ecosystem. Aleph Zero — a blockchain ecosystem engineered for speed, data confidentiality, and ease of development — today announced the mainnet launch...

Aleph Zero launches its EVM layer on mainnet

SmartAsset

Setting up a virtual trading account can help investors gain practical experience in the stock market without the risk of losing real money. Whether you’re a beginner looking to learn how the stock market works or an experienced trader wanting to test new strategies, a virtual trading account provides a realistic and risk-free environment to […] The post What Is Virtual Trading?  appeared first on SmartReads by SmartAsset.

What Is Virtual Trading?

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Thailand’s Securities and Exchange Commission said the sandbox is now open for applications for participants including crypto exchanges, brokers, custodians and fund managers. The sandbox intends to test crypto services in a “real-life context,” the regulator said. Thailand’s securities watchdog has launched a sandbox for cryptocurrency businesses...

Thailand launches crypto regulatory sandbox to ‘facilitate experiments’

The cryptocurrency space is buzzing with potential, especially in the realm of meme coins. As we approach 2024, three standout contenders—Pepecoin (PEPE), Pepe Unchained (PEPU), and Mpeppe (MPEPE)—are drawing significant attention. Here’s why these meme coins are making waves and could be your ticket to substantial profits.

PEPE, Pepe Unchained (PEPU) & MPEPE: Top 3 Meme Coins To Make Millions In 2024

Venezuela-based traders say they have faced sudden restrictions in accessing Binance web pages. This comes amid widespread internet suppression in the country in which several online platforms, including X (formerly Twitter) and PayPal, are experiencing the same issues. In an official statement out of X, Binance’s division in Latin America...

Venezuela Clamps Down On Binance Access With New Web Restrictions

New York Post

Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said.

The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday with the company’s fourth-quarter results, said the sources, who were not authorized to speak publicly.

Reuters exclusively reported the job cuts that San Jose, California-based Cisco announced in February, prior to the company announcing it.



Stellantis to cut nearly 2.5K union workers as Ram...

Cisco axing thousands of jobs in second round of layoffs amid shift to AI: report

On-chain data shows the Bitcoin mining hashrate has continued its decline as the price of the cryptocurrency itself has seen a setback. 7-Day Average Bitcoin Mining Hashrate Down Over 8% Since All-Time High. The “mining hashrate” refers to an indicator that keeps track of the total amount of computing power...

Bitcoin Mining Hashrate Extends Drawdown, Now Over 8% Down Since All-Time High

The Ethereum gas fees for transactions have dropped massively amidst a broader decline in the cryptocurrency’s price. According to recent data, the base fee paid by users has fallen to an astonishingly low 0.82 Gwei, a clear indication of reduced activity on the Ethereum network. Rapid Decline In Ethereum...

Here’s Why The Rapid Decline In The Ethereum Fees Could Be A Problem

The IRS, or US Internal Revenue Service, has unveiled a fresh draft version for the 1099-DA tax form, used by crypto brokers and investors to report certain digital asset transactions from the upcoming tax period in 2025. The new version is a considerable step forward from the original draft presented in April 2024.

IRS Softens Stance On Crypto: New Draft Eases Tax Filing Burden

Dogecoin has seen a notable increase of 7% recently, capturing the attention of traders who are once again eyeing the possibility of the coin reaching the $1 mark. This surge comes as the meme coin recovers from a recent market downturn, reigniting interest and optimism among its holders. The rise has sparked discussions about whether Dogecoin can sustain this momentum and achieve further gains in the near future.

Dogecoin Surges 7% as Traders Eye $1, While MoonTaurus (MNTR) Poised for 13x Growth in Q4 2024

Boom DeFi Ecosystem (“Boom”), the leading e-commerce without banking decentralised finance ecosystem, has signed a three-year strategic partnership with the Financial Times (FT) to tell stories about the businesses and billions of adults without access to the global financial system. Called The Unbanked Entrepreneur, it aims to capture entrepreneurial journeys and celebrate the pioneers fighting to level the playing field.

Boom DeFi and Financial Times agree on strategic partnership bridging traditional and decentralised finance

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

When I first got involved with ICBA’s ThinkTECH Accelerator, I must admit that I believed fintechs were scary. However, what I learned is that “fintech” is a buzzword. Fintech companies are not necessarily different from other solution providers. The “fintech” title serves as a way to designate an innovative company. And don’t we all want modern partners for our banks?

Lucas White: Getting Comfortable With Fintechs

In a crucial next step toward bringing real-time communications to its suite of cloud applications, Oracle today announced that it is incorporating AT&T IoT connectivity and network API's into its Enterprise Communications Platform (ECP). This integration will enable Oracle's industry cloud application customers to connect and manage their IoT devices on the AT&T network all in one platform.

AT&T powers IoT for Oracle communications platform

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Ripple CTO Drops Key XRP Ledger Insight: Details

NewsBreak

DeepLink Protocol: Exploring Innovations in Cloud Gaming and Cryptocurrency Mining

The landscape of cloud gaming and cryptocurrency mining is advancing rapidly. The intersection of these two technologies is opening up new possibilities and addressing challenges that...

DeepLink Protocol: Exploring Innovations in Cloud Gaming and Cryptocurrency Mining

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