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Showing posts with the label google

Google’s blockchain team is building an XRP killer

Alphabet recently unveiled a new blockchain called the Google Cloud Universal Ledger (GCUL), some Features of which appear to put it in direct competition with Ripple Labs’ XRP Ledger (XRPL). The $2.5 trillion internet giant stamped its own brand on it and name-dropped other heavyweights on its debut, including the world’s largest options and futures exchange, CME. Like XRPL, GCUL will be a distributed base layer blockchain, allow API access, operate 24/7 with low latency, support programmable tokenization of assets, provide financial applications like payment automations, charge fees for transactions, support institutional infrastructure, facilitate global payments, and integrate with third-party wallets. This feature list, not to mention GCUL’s banking and payments focus, mirrors years of XRPL messaging . Indeed, a reader of Google’s documentation might become confused about whether certain paragraphs are describing GCUL or XRPL. For example, GCUL will powe...

Alphabet (GOOGL) To Use AI To Save Millions, Cut Jobs?

There are fears amongst experts and employees at Alphabet (GOOGL) that the company’s AI efforts could wind up cutting people out of jobs. The Google developer’s recent investments and developments in AI have been industry-leading, with CEO Sundar Pichai calling the efforts crucial. However, could they also leave several people out of a job? Following that, how would investors in GOOGL stock react? Fortunately for employees, CEO Pichai says that despite the strong AI push, physical employees wouldn’t be made redundant. In a recent Bloomberg interview, Pichai stressed the company’s commitment to growth through at least next year, both in jobs and AI strength. “I expect we will grow from our current engineering phase even into next year, because it allows us to do more,” Pichai said. He then added that AI is making engineers more productive by eliminating tedious tasks and enabling them to focus on more impactful work. Rather than replacing workers, he r...

Google Donates $1 Million to Donald Trump's Inaugural Fund

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Joining the growing list of tech companies, Google has donated $1 million to US President-elect Donald Trump’s inaugural fund. The donation comes shortly after Circle CEO Jeremy Allaire announced its own $1 million donation in the company’s USDC stablecoin. The total inauguration fund for the returning US president has already reached a record $170 billion, according to an ABC report. Moreover, a plethora of those finances have come from companies within the tech and cryptocurrency sectors. Indeed, Trump’s return to the White House could have important ramifications for both. JUST IN: Google donates $1,000,000 to President-elect Trump's inaugural fund. — Watcher.Guru (@WatcherGuru) January 9, 2025 Also Read: META Drops Fact-Checking: What Trump Alightment Means for The Stock Google Donates to Trump Inaugural Fund, Joins List of Top Tech Firms In November of last year, the United States of America elected Donald Trump as its 47th president in a historic outcome. The mo...

Google Cloud teams up with MultiversX amid blockchain firm’s focus on metaverse

MultiversX announced an array of new features on its xPortal super-app with tools to build next-gen metaverse features on the same day of the Google Cloud partnership. Google Cloud has teamed up with blockchain infrastructure firm MultiversX (formerly Elrond) to boost its Web 3 presence. Google Cloud has integrated MultiversX into the platform which will in turn help Web3 projects and users derive valuable insights from powerful data analytics and artificial intelligence tools within the Google Cloud ecosystem. MultiversX claims that the partnership between the two firms has the potential to immediately streamline the execution of large-scale, data-first blockchain projects. This should help developers easily access data about addresses, transacted amounts, smart contract interactions, and increased on-chain analytics, the company said. On the other hand, the Google Cloud involvement in the MultiversX network will enable ecosystem builders to utilize advanced tools and services avail...

APAC Ranks First On Global List of Regions Interested In NFT

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APAC Countries Topping the Charts As earlier stated, the Google Trends data shows China leading the charge with the highest number of such searches, and a Google search index of 100 points. Singapore then follows, with an index of 67, then Hong Kong coming in as third with 62 points. Other top countries who had substantial interest in the term “NFT” and searched about it included the likes of the Philippines, Venezuela, Canada, Australia, Cyprus, the United States, and New Zealand were also curious about the term “NFT” and did search for it. advertisement Although, China ranking first in the  research might not be a total surprise as it is arguably the most populous nation in the Asia-Pacific. However, the ranking might also be linked with moving into NFTs as an alternative since the country’s latest major crypto crackdown. Why NFTs Continue Gaining Popularity According to a contributor at Bankless Times publicat...

AI trends at all-time high on Google but Bitcoin still did it better

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Google Trends data reveals that even though AI is the talk of the town, it still pales in comparison to Bitcoin in 2017. In China, it's a completely different story. Global search interest for the term “AI” has reached a new all -time high on Google, though it’s yet to hold a candle to Bitcoin (BTC) peak mania in 2017, data has revealed. Artificial intelligence has dominated headlines over the past few months, with some suggesting that it’s the latest “tech fad” after crypto and the Metaverse. Most recently, OpenAI executives warned in a May 23 blog post that within the next ten years, AI will exceed expert skill level in “most domains” and be as productive as “one of today’s largest corporations.” However while global and United States search interest for AI has reached a fever pitch — clocking in at 89 on Google Trends, it is still shy of Bitcoin’s peak search interest of 100 in December 2017 when Bitcoin was nearing its then-high of $20,000. Comparing search trends for buzz wo...

YouTube helps recover hacked channel that attempted XRP crypto scams

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YouTube’s swift intervention ensured damage control by preventing XRP hackers from interacting with the channel’s subscribers. Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptocurrency scams. While hacking into YouTube channel s to promote scams has been a long-standing method of targeting unwary investors, the number of creators on the platform reporting Hacks has increased. Most recently, DidYouKnowGaming — a YouTuber with 2.4 million subscribers — warned his Twitter followers about a hack. so sorry you're having to deal with this! first, we'll need to get some quick info from you & then we'll connect you w/ a specialist team who helps restore account access. follow us & we'll be able to DM you the info you need! — TeamYouTube (@TeamYouTube) April 28, 2023 After gaining access to the account, the hacker changed the YouTuber’s profile and cover images ...