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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 -
Tesla abandons $25,000 electric car plan, pivots to robotaxis
Tesla abandons $25,000 electric car plan, pivots to robotaxisOn November 6, 2023, Reuters reported that Tesla, the American electric car manufacturer, had abandoned plans to launch a new generation of electric vehicles priced at $25,000, a long-standing promise. The news sent Tesla shares plummeting...
Industry dynamics 2024-11-06 15:04:11 -
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 -
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 -
US Dollar Rebounds Strongly, Bitcoin Hits New High: Trump Effect in Play?
US Dollar Rebounds Strongly, Bitcoin Hits New High: Trump Effect in Play?On the morning of November 6th, the US Dollar Index staged a strong rebound, breaking through the 105 mark and surging by 1.6% on the day...
Blockchain 2024-11-06 13:26:09 -
Dollar Index Surges, Offshore Yuan Plunges Over 1%, Bitcoin Breaks $74,000
Dollar Index Surges, Offshore Yuan Plunges Over 1%, Bitcoin Breaks $74,000As of 12:00 PM Beijing time on November 6th, the US Dollar Index and USD/CNH (offshore yuan) have surged significantly. The Dollar Index has risen by over 1...
Blockchain 2024-11-06 12:59:28 -
Redmi K80 Series to Feature 2K Display Across the Board, Xiaomi Dominates 2K Screen Market Share
Redmi K80 Series to Feature 2K Display Across the Board, Xiaomi Dominates 2K Screen Market ShareAccording to Xiaomi Group Vice President Wang Teng, Redmi has accounted for 70% of the total 2K screen shipments in the Chinese smartphone market over the past three years. If you include Xiaomi, the combined market share of Xiaomi's 2K screen shipments reaches a staggering 90% of the domestic market...
Mobile Internet 2024-11-06 12:04:00
