Huawei Testing Smartphone with Their Own Hongmeng OS

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Huawei Testing Smartphone with Their Own Hongmeng OS
Huawei is in the process of creating its own proprietary operating system called Hongmeng. It is expected that they will release a 2,000-yuan (roughly $290) Hongmeng-powered phone in the fourth quarter.
Huawei Testing Smartphone with Their Own Hongmeng OS

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Source: CoinSpeaker

ICE CEO Reveals Bakkt Bitcoin Futures Launch is Just Around the Corner

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ICE CEO Reveals Bakkt Bitcoin Futures Launch is Just Around the Corner
According to the CEO of ICE, Bakkt’s parent company, the launch of the firm’s physically settled Bitcoin futures, is on the horizon. The CEO has said that they are waiting for NYFDS approval.
ICE CEO Reveals Bakkt Bitcoin Futures Launch is Just Around the Corner

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Source: CoinSpeaker

Apple Is Dethroned: Google Parent Alphabet Becomes the Most Cash-Rich Company

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Apple Is Dethroned: Google Parent Alphabet Becomes the Most Cash-Rich Company
Google’s parent Alphabet became the most cash-rich company in the world during the second quarter of 2019, taking Apple’s long-held crown. Alphabet apparently has $117 billion in cash, while Apple has $102 billion.
Apple Is Dethroned: Google Parent Alphabet Becomes the Most Cash-Rich Company

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Source: CoinSpeaker

New York DFS Establishes New Division to Oversee Cryptocurrency Regulation and Licensing

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New York DFS Establishes New Division to Oversee Cryptocurrency Regulation and Licensing
The New York State Department of Financial Services has just announced the creation of a new section called the Research and Innovation Division. Its main goal will be to regulate crypto-related businesses in the state.
New York DFS Establishes New Division to Oversee Cryptocurrency Regulation and Licensing

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Source: CoinSpeaker

Microsoft Invests $1B in Elon Musk-Founded AI Project OpenAI

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Microsoft Invests $1B in Elon Musk-Founded AI Project OpenAI
Microsoft has invested $1 billion in Elon Musk-founded artificial intelligence company OpenAI in an effort build supercomputer AI technologies for its Azure cloud services. The two companies will join forces to build large-scale AI systems for Azure.
Microsoft Invests $1B in Elon Musk-Founded AI Project OpenAI

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Source: CoinSpeaker

Leading Mobile Video Ad Company Vungle is Submitting to Blackstone for a Whopping $750M

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Leading Mobile Video Ad Company Vungle is Submitting to Blackstone for a Whopping $750M
Vungle, a leading mobile ad tech firm has gone through a rocky, unusual experience ever since Mary Meeker’s featured it in their 2017 report. Now instead of suffering alone, its acquisition is going to Blackstone for just $750 million.
Leading Mobile Video Ad Company Vungle is Submitting to Blackstone for a Whopping $750M

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Source: CoinSpeaker

Wall Street-Backed Blockchain Consortium R3 on Its IPO Consideration

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Wall Street-Backed Blockchain Consortium R3 on Its IPO Consideration
Blockchain consortium startup R3 is said to be considering an Initial Public Offerings (IPO). Sources familiar with the report reveals that R3 is in talks with an adviser over a potential public listing.
Wall Street-Backed Blockchain Consortium R3 on Its IPO Consideration

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Source: CoinSpeaker

Max’s Corner: The Ghost Proposal and the Long Privacy Charade

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Max’s Corner: The Ghost Proposal and the Long Privacy Charade
In this edition, Max Hasselhoff takes a look at where the lines are drawn in the never-ending fight over online privacy, how we’ve gotten here, and what’s at stake moving forward.
Max’s Corner: The Ghost Proposal and the Long Privacy Charade

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Source: CoinSpeaker

Bakkt Brings on ex. Google Consultant as it Builds Its Mobile App Bakkt Pay

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Bakkt Brings on ex. Google Consultant as it Builds Its Mobile App Bakkt Pay
Bakkt hired a former Google consultant to help broaden its brand and assist with the roll-out of a new app. Bakkt Pay could be released in the next couple of months and will presumably enable instantly converting from cryptocurrencies to fiat.
Bakkt Brings on ex. Google Consultant as it Builds Its Mobile App Bakkt Pay

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Source: CoinSpeaker

Microsoft, Ethereum Foundation and Chinese Government Agency Joins Hyperledger

Hyperledger, today announced new general members t0 its the organization; Gloscad, Microsoft, Milligan Partners, Nornickel and Salesforce. The new associate members included Ethereum Foundation and Chinese Government agency, China Academy of Information and Communications Technology (CAICT).
Hyper-ledger is an industry-wide open source initiative to advance blockchain technology, governed by The Linux Foundation. Hyperledger team assists with licensing to governance to release management to ecosystem development on Blockchain. Brian Behlendorf, Executive Director, Hyperledger noted in the press release,
“The mix of blue chip technology companies, international organizations, logistics and manufacturing players and academia that have joined us from point around the world show the widespread interest and investment in open source enterprise blockchain technologies.”
Hyperledger has more than 100 members, which include Accenture, Airbus, American Express, Cisco, JP Morgan, IBM, Intel, and so on.  It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing, and Technology. Currently, it is working on thirteen blockchain projects which aims to transform the internet.
Microsoft has worked with blockchain through its cloud platform, Azure. It also released an identity solution based on Bitcoin itself.  Marley Gray, Principal Architect, Blockchain Engineering at Microsoft noted,
“We are proud of our contributions to such a diverse blockchain ecosystem, from our Azure service offerings and developer toolkits to our leadership in driving open specifications. We look forward to contributing to the community’s projects as well as initiating new ones based on emerging standards.”
Hyperledger projects (Source) 
Blockchain finds application in supply-chain management, remittance, recordkeeping, and numerous other applications. Hyperledger provides legal and other developmental assistance to firms engaging in Blockchain projects. They noted that the organizations mentioned above and our other members would be joining us in Tokyo at the end of July for our annual Member Summit.
Do you think the organization will be able to transform the Fintech industry with their projects? Please share your views with us. 
The post Microsoft, Ethereum Foundation and Chinese Government Agency Joins Hyperledger appeared first on Coingape.
Source: CoinGape

Apple (APPL) Stock Will Outperform Services Growth and iPhone Prices: Evercore Analyst

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Apple (APPL) Stock Will Outperform Services Growth and iPhone Prices: Evercore Analyst
Evercore analysts think Apple (APPL) stock is undervalued but believe the company can continue to drive strong momentum in services while increasing average selling prices to partially offset iPhone unit declines.
Apple (APPL) Stock Will Outperform Services Growth and iPhone Prices: Evercore Analyst

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Source: CoinSpeaker

IBM and Maersk Announced 2 New Partners For Shipping Blockchain

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IBM and Maersk Announced 2 New Partners For Shipping Blockchain
Shipping blockchain TradeLens, developed by IBM and Maersk, recruited two major marine cargo carriers to the platform: Mediterranean Shipping Company (MSC), the second largest after Maersk; and CMA-CGM, the fourth largest per cargo carrying capacity.
IBM and Maersk Announced 2 New Partners For Shipping Blockchain

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Source: CoinSpeaker

Apple Tops Forbes’ Most Valuable World Brands Crossing $200B Valuation

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Apple Tops Forbes’ Most Valuable World Brands Crossing $200B Valuation
Apple tops Forbes’ annual list of the world’s most valuable brands for the ninth straight time. The brand of the tech giant is worth $205.5 billion, up 12% over last year and it’s the first time a brand crossed the $200 billion threshold.
Apple Tops Forbes’ Most Valuable World Brands Crossing $200B Valuation

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Source: CoinSpeaker

Huawei Can Get Its OS Ready by This Fall, But There are Still Issues

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Huawei Can Get Its OS Ready by This Fall, But There are Still Issues
Huawei’s own operating system for smartphones and laptops could be ready for use in China by fall this year. Richard Yu, CEO of Huawei’s consumer business said an international version of the operating system could be ready in 2020.
Huawei Can Get Its OS Ready by This Fall, But There are Still Issues

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Source: CoinSpeaker

Microsoft’s decentralized identifiers: Tech giant wants people to control all aspects of their identity, claims Daniel Buchner

With non-financial giants making headlines for joining the crypto-race, numerous enthusiasts remain unsure about what is motivating such decisions. To uncover the secret behind one such development, WhatBitcoinDid podcast host Peter McCormack, interviewed Microsoft’s Daniel Buchner to understand why Microsoft was building decentralized IDs on the Bitcoin blockchain.
While the interview started with Buchner speaking about his involvement in the crypto-space, he expanded on Microsoft’s cultural shift in working with opensource projects, unlike in the 90s. He also connected the cultural shift with Microsoft’s recent announcement related to the launch of their decentralized identity program, which would use the Bitcoin blockchain to create user identifiers. He said,
“We want to make it possible for people to own all aspects of their identity and control it. It’s something that we just don’t have today, that we’ve lost really on the web.”
Buchner further explained how the resultant technology would enable users to create DIDs [decentralized identifiers], which would not be under centralized control like existing email IDs. The DIDs are intended to work as a unique identifier for every user to gain access to any online service, based on trust. He also claimed that Microsoft would build the entire DID-powered ecosystem by partnering with other companies. He added,
“We (Microsoft) are not trying to win, we’re just trying to make sure that it exists.”
When asked about disrupting the existing market which thrives on selling user data, Buchner clarified that such businesses could still earn revenue by being more upfront and slightly different in their approach while collecting user data. He also cited a terrible user experience when he tried removing data from Google’s services.
Along the same lines, Facebook has also announced its plans to place “higher focus on privacy”. Buchner concluded the topic by saying,
“It (privacy) needs to be led by a company like Microsoft. So we’re definitely going to put tools in users’ hands that make this easier.”
The post Microsoft’s decentralized identifiers: Tech giant wants people to control all aspects of their identity, claims Daniel Buchner appeared first on AMBCrypto.
Source: AMB Crypto