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JPMorgan Chase to launch instant FX settlement, powered by Kinexys blockchain platform, supporting USD, EUR, and GBP
JPMorgan Chase to launch instant FX settlement, powered by Kinexys blockchain platform, supporting USD, EUR, and GBPJPMorgan Chase, the largest bank in the United States, has announced that its Kinexys blockchain platform will soon offer instant foreign exchange settlement between the US dollar and euro, with plans to add the British pound to the service over time. The system will leverage Kinexys' native JPMCoin tokenized deposits, enabling the processing of over $2 billion in transactions daily, according to interviews with JPMorgan executives and a statement released Wednesday...
Blockchain 2024-11-06 16:18:50 -
Apple Warns Investors: Profits from Emerging Market Products May Fall Short of iPhone
Apple Warns Investors: Profits from Emerging Market Products May Fall Short of iPhoneIn a recent filing, Apple has cautioned investors that its foray into emerging markets, including yet-to-be-proven technologies like artificial intelligence (AI) and virtual reality (VR), may not yield the same profit margins as its iPhone business.In its 10-K filing with the Securities and Exchange Commission (SEC), Apple outlined new warnings about future growth and profitability...
Mobile Internet 2024-11-06 15:37:09 -
Xiaomi 15 Series Embraces Apple Ecosystem, Seamlessly Integrating with MacBook, iPad, and iPhone
Xiaomi 15 Series Embraces Apple Ecosystem, Seamlessly Integrating with MacBook, iPad, and iPhoneToday, Xiaomi CEO Lei Jun announced on Weibo that the Xiaomi 15 series will fully support the Apple ecosystem, enabling seamless file transfer, screen mirroring, and Apple office suite usage with MacBook, iPad, and iPhone. It will also support over 100 file formats, ensuring smooth integration with various Apple devices...
Mobile Internet 2024-11-06 15:36:43 -
iPhone Waiters, Attention! Apple Says: iPhone 16 Pro is a Complete Upgrade, Time to Upgrade!
iPhone Waiters, Attention! Apple Says: iPhone 16 Pro is a Complete Upgrade, Time to Upgrade!Today, Apple announced through its official WeChat account, stating "It's time, iPhone wait-listers." The article emphasizes the comprehensive upgrade of the iPhone 16 Pro and suggests that iPhone 13 Pro and iPhone 14 Pro users are due for an upgrade...
Mobile Internet 2024-11-06 15:22:57 -
AI search engine PerplexityAI raises $500 million, valuation reaches $9 billion
AI search engine PerplexityAI raises $500 million, valuation reaches $9 billionPerplexityAI, an AI-powered search engine startup, is raising $500 million in funding, currently in its final stages, valuing the company at $9 billion. The funding will help PerplexityAI compete more effectively against giants like Google and OpenAI...
Industry dynamics 2024-11-06 15:17:57 -
Apple Faces EU Fines for App Store Violations, First Penalty Under Digital Antitrust Law
Apple Faces EU Fines for App Store Violations, First Penalty Under Digital Antitrust LawOn November 6th, the European Union (EU) levied its first fine under the Digital Markets Act (DMA), a new digital antitrust law targeting large tech companies, against Apple for violating its provisions. This marks an escalation in the ongoing dispute between Apple and regulators over the companys dominance in the app store...
Industry dynamics 2024-11-06 14:57:05 -
Redmi K80 Series Specs Leaked: Snapdragon 8 Gen3, C9 Panel, and Massive Battery
Redmi K80 Series Specs Leaked: Snapdragon 8 Gen3, C9 Panel, and Massive BatteryThe Xiaomi Redmi K80 series smartphones have passed 3C certification in China, and their specifications are gradually being revealed. It is reported that the standard and Pro models will be powered by Qualcomm Snapdragon 8 Gen3 and Snapdragon 8 for extreme performance processors, respectively, and will come with multiple upgrades...
Mobile Internet 2024-11-06 14:14:58 -
Apple iPhone 16 Pro Material Cost Exceeds Google Pixel 9 Pro, Chip Cost Increase Significant
Apple iPhone 16 Pro Material Cost Exceeds Google Pixel 9 Pro, Chip Cost Increase SignificantNikkei, in collaboration with Fomalhaut TechnoSolutions, conducted a material cost analysis of the Apple iPhone 16 Pro and Google Pixel 9 Pro, both priced at $999. The analysis revealed that the iPhone 16 Pro's material cost is $568, while the Pixel 9 Pro's material cost is only $406...
Mobile Internet 2024-11-06 14:01:39 -
Apple's iPhone 16 Pro Ad Criticized: Space Launch Concept Draws Controversy, A18 Pro Chip Performance Enhancement a Highlight
Apple's iPhone 16 Pro Ad Criticized: Space Launch Concept Draws Controversy, A18 Pro Chip Performance Enhancement a HighlightRecently, Apple's official Douyin account released an advertisement for the iPhone 16 Pro, themed around a "space launch", highlighting the advantages of the A18 Pro chip's neural network engine, GPU, video capabilities, etc. In the ad, a space-like launch center shows the neural network engine, GPU, enhanced gaming, and camera systems preparing for launch, and the iPhone 16 Pro's triple camera system acts as a rocket engine, igniting and sending the phone into space...
Mobile Internet 2024-11-06 13:59:57 -
Bitcoin Hits All-Time High as Market Goes Wild on Trump Election Expectations
Bitcoin Hits All-Time High as Market Goes Wild on Trump Election ExpectationsOn November 6th, Bitcoin surged to an all-time high, just a short distance away from $75,000 per coin. This upswing wasnt limited to Bitcoin; most cryptocurrencies witnessed significant gains, with Dogecoin soaring over 30%...
Blockchain 2024-11-06 13:06:21 -
Xiaomi Redmi K80 Series is Coming Soon: Flagship Specs Across the Board, Straight Screen + Ultrasonic Fingerprint + Large Sensor Main Camera
Xiaomi Redmi K80 Series is Coming Soon: Flagship Specs Across the Board, Straight Screen + Ultrasonic Fingerprint + Large Sensor Main CameraRecently, digital blogger @DigitalChatStation revealed that a new phone from a certain manufacturer will feature "flagship-level customization across the board, with a straight screen, single-point ultrasonic fingerprint, high-spec dust and water resistance, large-sensor main camera, metal frame, front and rear shatter-resistant glass, and a massive battery." Based on the conversation in the comments, this new phone is highly likely to be the Xiaomi Redmi K80 series...
Mobile Internet 2024-11-06 12:04:25 -
Apple Admits New Products May Not Replicate iPhone Profitability, AI and VR Face Huge Challenges
Apple Admits New Products May Not Replicate iPhone Profitability, AI and VR Face Huge ChallengesAccording to Apple's latest 10-K filing with the U.S...
Mobile Internet 2024-11-06 11:48:59