Posts

Showing posts from 2024

Xiaomi SU7's >50,000 booking in under 30 minutes

Image
  The much awaited launch of Xiaomi SU7 announced last December 2023, is finally unveiled on 28 March 2024. More than 50,000 booking were done within 30 minutes of release. Prices are as follows:- SU7 : RMB215,900 SU7 Pro : RMB245,900 SU7 Max : RMB299,900 SU7 Fan Edition : RMB339,000 With a starting price of 215,900 yuan (nearly $30,000), Xiaomi positions the SU7 as a strong competitor in the electric car market. In a keynote speech, Xiaomi CEO Lei Jun confidently claimed the base model of the SU7 outperforms Tesla's Model 3 in 90 percent of the performance parameters. Battery life and smart technology were central themes in Lei's presentation. He promised a minimum range of 700 kilometers for the SU7 and touted it as "the best driving experience under 500,000 yuan." All SU7 models, the Basic, Pro and Max, boast fast-charging capabilities, offering 138 km of range in just five minutes and 350 km in 15 minutes. The SU7 seamlessly integrates with Xiaomi's existing e

Dell: “Come back to the office – or else”

Image
The tech giant DELL makes a turnaround from its decade-old pro-hybrid working culture by telling employees to return to the office with a strict mandate, warning those who choose to remain fully remote that they will not be considered for promotion nor be able to change roles, including applying to new roles in the company. Those who take the hybrid option have to come in three days a week to an “approved” office. This has led to disgruntled staff who complained about the matter behind closed doors, with a common theme being that Dell’s stated reason for in-person connections will not work for most teams due to the geographical distances between team members.

Bitcoin’s Total Market Capitalization Surpasses $1.4 Trillion

Image
The price of the flagship cryptocurrency Bitcoin has recently moved to a new all-time high near $72,000 after surging more than 70% year-to-date, in a rise that helped its total market capitalization surpass that of silver. According to data from CompaniesMarketCap, first spotted by Casa CTO and co-founder Jameson Lopp, at the time Bitcoin surpass silver its total market capitalization was $.1389 trillion, surpassing silver’s $1.382 trillion. Bitcoin’s market capitalization has since grown to now stand at $1.413 trillion. At the time of writing, Bitcoin is around $250 billion away form surpassing the total market capitalization of tech giant Alphabet, the company behind the world’s largest search engine Google, as well as the world’s largest video-sharing platform YouTube. The cryptocurrency’s total market capitalization is still far behind that of the world’s largest company by the metric, Microsoft, which currently has a total market capitalization of $3.018 trillion, and far behind

Bitcoin Spot ETF Approved

Image
The U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange traded funds (ETFs), including those from largen money-manager such as BlackRock, Fidelity and Invesco. according to a statement on Wednesday (10-Jan). Full list of approved ETFs  Grayscale Bitcoin Trust Bitwise Bitcoin ETF Hashdex Bitcoin ETF iShares Bitcoin Trust Valkyrie Bitcoin Fund ARK 21Shares Bitcoin ETF Invesco Galaxy Bitcoin ETF VanEck Bitcoin Trust WisdomTree Bitcoin Fund Fidelity Wise Origin Bitcoin Fund Franklin Bitcoin ETF The approval would be a game-changer for bitcoin, offering institutional and retail investors exposure to the world's largest cryptocurrency without directly holding it, and a major boost for a crypto industry beset by a string of scandals. The official SEC statement at  https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023 About BlackRock BlackRock, founded in 1988 by Laurence D. Fink, has emerged as a global powerhouse in the financial industr

Apple’s $3,499 Vision Pro will hit stores on February 2

Image
Apple has announced that the Vision Pro headset, which was unveiled in June at WWDC, will be available to preorder on Friday, January 19 before hitting stores on Friday, February 2. The headset costs $3,499 and will be available exclusively in the U.S. through Apple’s online and retail stores. The announcement likely means Apple won’t hold an event to officially launch the device. The press release contains several pieces of new information that answer many of the questions we had about the device: The ZEISS Optical Inserts will cost $99 for “readers” and $149 for prescription lenses. Vision Pro will come with two head straps, a Solo Knit Band that attaches around the back of the user’s head and an optional Dual Loop Band that goes around the head. VisonOS supports more than 250 titles on Apple Arcade, movies and TV shows from Apple TV+, Disney+, Max, and other services, new interactive experiences like Encounter Dinosaurs, and “key productivity and collaboration apps” including Fantas

Satoshi Nakamoto Wakes Up

Image
Meanwhile, an intriguing occurrence unfolded when an unidentified individual transferred more than $1 million worth of BTC into Satoshi Nakamoto’s wallet. The individual acquired the assets from Binance and transferred them into Nakamoto’s wallet, sparking curiosity and speculation within the crypto community. This transaction led to varied conjectures, ranging from the potential resurgence of Nakamoto to an unconventional marketing strategy related to the imminent Bitcoin ETF. “Either Satoshi woke up, bought 27 bitcoin from Binance, and deposited into their wallet, or someone just burned a million dollars,” Conor Grogan, a director at Coinbase, said. Background of Bitcoin Bitcoin, the pioneer of cryptocurrency, has emerged as a revolutionary force in the world of finance and technology. Its origins can be traced back to a mysterious figure known as Satoshi Nakamoto, who introduced the concept of a decentralized digital currency in 2008. Since then, Bitcoin has experienced a remarkable

My #RM1Challenge Trade-Up

Image
Inspired by the red paperclip success (by Kyle MacDonald in 2005), individuals worldwide began experimenting with their own unique trades, aiming to achieve a remarkable exchange. The journey typically begins with an individual offering an item they possess, often of little monetary value, in exchange for something slightly more valuable. The goal is to continue trading up until the desired end result is achieved — RM10,000 value is reached by 31 December 2024. This seemingly simple objective sets the stage for a cascade of creative and unexpected exchanges. As with any unconventional trade, the success lies in the ability to find willing participants and negotiate mutually beneficial exchanges. Participants often tap into their networking skills, social media, and local communities to connect with potential trading partners. The items exchanged can range from everyday objects to unique and niche possessions, each trade adding a layer of intrigue to the unfolding story. The beauty of m