Bitcoin and Ethereum hit by massive decline, Other cryptocurrencies dropped even worse

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Most major digital currencies sold off sharply on Tuesday, but the declines in bitcoin, ethereum and litecoin prices weren’t as bad as much of the rest of the market.  Bitcoin was down 17 percent at that time, ethereum was down 19 percent and litecoin was down 19 percent, according to the same site. The declines followed speculation in the market about what regulators in Asia may be planning for digital tokens. On Monday, a report from Bloomberg, citing unnamed sources, said Beijing plans to block domestic access to Chinese and…

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Rush to fix serious computer chips flaws

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Tech firms are working to fix two major bugs in computer chips that could allow hackers to steal sensitive data. Google researchers said one of the “serious security flaws”, dubbed “Spectre”, was found in chips made by Intel, AMD and ARM. The other, known as “Meltdown” affects Intel-made chips alone.The industry has been aware of the problem for months and hoped to solve it before details were made public. The UK’s National Cyber Security Centre (NCSC) said there was no evidence that the vulnerability had been exploited. According to the…

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Self-parking cars to be legalised in UK

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The UK government wants to modify its ban on using mobile phones behind the wheel to allow drivers to use automatic parking devices. Drivers who push a button on their phone or key fob to make their car park itself could be running the risk of a fine under current laws, according to a consultation document. Remote-control parking is a feature on many high-end luxury models. But the government claims it could “revolutionise” driving for all. Officials say it can aid those with reduced mobility and help people get into…

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The technology industry needs to think more seriously about device addictions

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Mobile programmers have the ability to build software that provides deep layers of penetration to the end user through sophisticated targeted notifications. Consumers with their chosen apps, have hundreds of notifications turned on and thus are brought back to their phones at an alarming frequency. A recent study shows that many people consult their phone as much as 150 times a day. Everyone is screaming to the consumer and doing whatever they can to get their attention while not considering the long term ramifications of such excessive stimuli. With the…

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Microsoft makes Azure Bot Service generally available for developers

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Microsoft introduced the Azure Bot Framework more than two years ago and companies have been building chatbots for a variety of scenarios ever since. Today, the company made generally available the Microsoft Azure Bot Service and Microsoft Cognitive Language Understanding service (known as LUIS). “Making these two services generally available on Azure simultaneously extends the capabilities of developers to build custom models that can naturally interpret the intentions of people conversing with bots,” Lili Cheng, corporate vice president at the Microsoft AI and Research division wrote in a company blog post…

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Drone collisions worse than bird strikes for planes

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A US study into drone safety has suggested that collisions with aircraft are more damaging than bird strikes. It said current aircraft manufacturing standards are not appropriate for the growth in drone use but stopped short of saying such hits could be fatal. The US Federal Aviation Authority said it will work with drone-makers to develop technology to detect and avoid planes. It estimated there will be 2.3 million drones in use by the end of this year.The FAA study recreated a collision between a drone and an aeroplane using…

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Role of Technology in efficiencies and food waste

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The 10-year framework of 6 programmes on sustainable consumption and production patterns (10YFP) is a global framework of action to enhance international cooperation and to accelerate the shift towards sustainable consumption and production (SCP), in both developed and developing countries. At the United Nations Conference on Sustainable Development (Rio+20) in 2012, heads of state adopted the 10-Year Framework of Programmes on sustainable consumption and production patterns (10YFP), a global framework for action to accelerate the shift towards SCP in both developed and developing countries. One of the programmes within 10YFP…

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DotConnectAfrica founder, Sophia Bekele, wins monumental court case against National Bank of Ethiopia

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Photo: DCA Founder and CEO Sophia Bekele speaking during the African Women’s Forum Special Program, Crans Montana Forum, #CMF17 Barcelona (Spain). Sophia Bekele, an Ethiopian native with American nationality has won a milestone legal battle against Ethiopia’s Central Bank – that is the National Bank of Ethiopia – whose decision led her to lose shares she inherited from her late father, the Founder of both United Bank and United Insurance,  at an undervalued rate at both institutions. Ms. Bekele, a global entrepreneur and the CEO of DotConnectAfrica (DCA) Group – one…

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Huawei Joins Hands with PCITC to Embrace Smart Factory 2.0

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Our Earth faces increasingly grave environmental problems. Although more people have realized the significance of environmental protection and have chosen shared bicycles and electric cars as part of their low-carbon lifestyles, yet we still rely heavily on non-renewable energy such as petroleum. How much oil is left and how long will it last? According to estimates from conservative experts, the sustained oil reserves left may last only 30 to 40 years at present rates of consumption, and the next oil crisis may happen much sooner than expected. Governments and socially-responsible…

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Parking Insider is a mobile wallet dedicated to helping you avoid parking tickets

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Parking Insider is a smart app with a mobile wallet expressly dedicated to enabling its users to quickly and seamlessly pay for parking spots by the minute. The app also invites users to earn free minutes of parking by snapping pictures of free parking spaces, photos that it will use to create a heat map that enables others users to find open parking spots. It’s the second go at this idea by two of Parking Insider’s three creators. Shruti Kuber  and Advait Kumar are both getting their master’s degrees in…

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