Meet Libra, Facebook's long-awaited Cryptocurrency

Meet Libra, Facebook’s long-awaited Cryptocurrency

According to the white paper, Facebook’s cryptocurrency called “Libra” will operate in the Libra Blockchain and rely on a reserve of assets that will give it a stable value by protecting against fluctuations.

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These assets are bank deposits and short-term securities that will be held in the Book Reserve for each booklet that is issued for circulation.

The new payroll coefficient will be overseen by a non-profit organization based in Switzerland, the “Libra Association”, which consists of names such as Mastercard, PayPal, Visa, Stripe, eBay, Coinbase, Andreessen Horowitz and Uber as its founders.

Facebook hopes to expand this organization to 100 members ahead of Libra debut in the first half of 2020.

The Libra Organization is run by the Council of Libra Association. The members of the council are the founders where each leads a network node and is required a minimum initial $10 million investment.

Every 10 million provides one vote per entity to the council. Facebook also introduced the Libra Invesment Token, a currency other than that of the Equinox Libra which can be bought and distributed in the form of dividends for the founder of the organization and the accredited investors.

Because Libra is not technically tied to a state-owned currency, the white paper says users may not always swap the currency for a certain amount of paper money even though Facebook claims that reserve assets are chosen to minimize the variation of the cryptocurrency.

While reserve assets are geographically distributed to ensure its decentralization, the only reserve is managed by the Libra Association.

New Libra coins are created when authorized resellers buy coins from paper-based organizations and are destroyed when resellers sell currency to the organization again.

Facebook says the software that enables Libra blockchain implementation is open-source and serves an ecosystem of interoperable financial services by expanding the involvement of actors and investors.

Earlier reports say the currency will be used to ease Facebook payments and in platforms like WhatsApp, Messenger and Instagram exposing them to 2.7 billion active users per month.

> Read Next: Microsoft Restart Selling Huawei Laptops

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neOadviser – TECH

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Microsoft Restart Selling Huawei Laptops

Microsoft Restart Selling Huawei Laptops

Microsoft in a mysterious way removed the Huawei laptop line from online stores last month following a Trump executive order to block the Chinese company.

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While the software giant has been silent about whether to license Windows to Huawei for the laptops line or not, the latter are beginning to reappear in online stores this week. Currently MateBook 13, Mate Book and MateBook X Pro models have been restored. In addition to the MateBook X Pro models that are listed as “no stock,” others are available for purchase.

Microsoft confirmed to The Verge that laptops that are on sale are currently in stock until their full sale. When asked if he would continue to sell Huawei products that contradicted the new US regulation, the company insisted that the products were in inventory.

Finally, Huawei announced the postponement of the debut of new Windows laptops that were scheduled for CES Asia last week. It is unknown what the laptop was in the company’s plans, but the cause is clear, the US executive order and the uncertainty as American technology companies will react to it.

According to speculations unmatched laptops are MateBook 14 and an updated model of the MateBook X Pro.

> Read Next: Blair Witch Turns into Video Game for Xbox (Video)

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Blair Witch Turns into Video Game for Xbox (Video)

Now this horror has been restored on Xbox, as a video game, reports Telegraph.

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Microsoft has introduced Blair Witch‘s thriller during a press conference as a video game to be developed by Bloomberg.

“In 1996, a child died and police intervention, has turned into a nightmare, with lots of adrenaline and fears for the players,” have said shortly for this frightening game.

Details are missing, but it is announced that it will be launched at the end of August, until various innovations are expected.

> Read Next: The Released Patent Reveals Huawei’s Folding Phone, with a new Approach

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The Released Patent Reveals Huawei's Folding Phone, with a new Approach

The Released Patent Reveals Huawei’s Folding Phone, with a new Approach

While Huawei has delayed their folding Mate X phone, to ensure that there will not be a failure like Samsung and “hurt their reputation,” the R & D department is working hard on the second or in the future device of the folding phone.

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A recently discovered patent application suggests a dual approach, with a screen that can be wrapped around the edges when folded.

LetsGoDigital‘s images are a better representation of what Huawei has in mind.

Like Mate X, this device folds twice, and compared to Samsung is the most practical solution – the Chinese company believes.

> Read Next: American Chip Giants Seek Easing Sanctions Against Huawei

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American Chip Giants Seek Easing Sanctions Against Huawei

American chip makers, including Qualcomm and Intel, quietly pressed the US government to ease sanctions against the Chinese technology giant.

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Intel and Xilinx executives attended a meeting at the end of May with the Commerce Department to discuss Huawei’s response in placing the company on the blacklist. Sanctions prevent US suppliers from selling Huawei technology, which is the world’s largest telecommunications equipment manufacturer without the approval of the US government.

> Related: Sanctions against Huawei are giving the first blows to American technology giants

The latter believes Huawei is a threat to national security. Qualcomm also discussed with the Department of Commerce regarding the matter. Chip makers argue that products like smartphones and computers do not pose the same risk as 5G technology and infrastructure.

“What we say does not help Huawei. It simply prevents a great deal of damage to American companies, “said one of the company’s representatives.

From $70 billion spent by Huawei on component purchases in 2018, $11 billion went to American firms such as Qualcomm, Intel and Micron.

Qualcomm, for example, wants to pursue Huawei’s supply of smartphones and clocks. Google, which sells Huawei’s most popular software in the world, Android, wants to continue collaborating with it.

Huawei itself has done little to lobby in Washington but is considering sending a letter to the Department of Commerce.

> Read Next: The new Video Concept Shows how iPhone XI Might Look Like (VIDEO)

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The new Video Concept Shows how iPhone XI Might Look Like (VIDEO)

The new Video Concept Shows how iPhone XI Might Look Like (VIDEO)

We do not know whether to bail the iPhone XI or iPhone 11, but thanks to some leaks and rumors, there are some ideas on how it will look.

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The team at DBS Designing has undoubtedly been paying attention to suspected iPhone rumors and images. They have created an unofficial concept video that predicts what the next iPhone will look like.

The short clip, posted on YouTube, shows the camera’s design in the corner of the device that is hinted at by some streamlined images. The DBS Designing video shows four lenses, which, if they are real, means expanding AR’s focus and capabilities.

The video also shows the phones in four different colors: gold, black, white and Apple’s red variant. According to the concept, reverse charging can allow users to load their AirPods directly from the phone. It’s a skill that Huawei and Samsung have already embraced and Apple can take into account.

Finally, the video also assumes that Apple will remove the Lightning connector for a USB-C port.

> Read Next: Sanctions against Huawei are giving the first blows to American technology giants

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Sanctions against Huawei are giving the first blows to American technology giants

Sanctions against Huawei are giving the first blows to American technology giants

Broadcom sent a shock wave to the chip manufacturing industry on Friday, warning that US-China trade warfare and prohibition of doing business with Huawei will cause the company $2 billion in losses.

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Broadcom’s warning is the clearest proof of the damage Trump’s trade war with Beijing is causing. Brodacom’s shares declined by 8.6%, dropping $9 billion in market value from a company that had headquarters in Asia in the past, but now in America.

The chip manufacturer like Qualcomm, Applied Materials, Intel, AMD and Xilinx also saw the shares fall between 1.5% and 3%. Shares of almost all Huawei suppliers fell.

Huawei accounted for $900 million in Broadcom’s sales, or 4% of it. The semiconductor industry has faced low demand since mid-2018, and the latest geopolitical war along with sanctions against Huawei are a shock.

Broadcom, known for its Wi-Fi, Bluetooth and GPS smartphone chips, is also a major supplier of Apple.

CEO of another American chip giant Micron Technology said sanctions against Huawei bring uncertainty and concern to the semiconductor industry.

> Read Next: Adobe has trained an AI system that identifies photo manipulation with Photoshop

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Adobe has trained an IA system that identifies photo manipulation with Photoshop

Adobe has trained an AI system that identifies photo manipulation with Photoshop

An Adobe team and UC Berkeley researchers have successfully trained an artificial intelligence system capable of tracking image manipulation through Adobe Photoshop.

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Researchers hope the tool will help restore confidence in digital media at a time when deepfakes and fake faces are becoming more common and difficult to distinguish.

It would also make it possible for anyone to discover the manipulation of images. The team trained a neural network to discern images manipulated with Face-Away Liquify’s Photoshop function, which was designed to change the eyes, mouth, and other facial expressions.

When tested, the neural network successfully identified 99% of manipulated images. Compared with humans, the latter discovered manipulation only in 53% of cases. The tool was also capable of restoring images to the original format. This is not the first time Adobe has trained artificial intelligence to distinguish the modified Photoshop images, but this technique is specifically for identifying facial manipulation.

The company says we are living in a world where trust in digital information that consumes has fallen. Adobe says this is just the beginning of many efforts to come up with identifying manipulation of images.

> Read Next: Lenovo brings the new Workstation laptop, ThinkPad P1, with impressive specifications

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Lenovo brings the new Workstation laptop, ThinkPad P1, with impressive specifications

Lenovo brings the new Workstation laptop, ThinkPad P1, with impressive specifications

Lenovo is considering launching new professional products this week, and the ThinkPad P1 is the laptop that is most liked.

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The Lenovo ThinkPad P1 uses the same 15.6 “screen as the ThinkPad X1 Extreme but is built as a workstation and includes options such as NVIDIA Quadro GPU, multiple SSDs, Xeon processors and OLED display.

The most expensive version of this laptop has a screen cover that shows carbon fiber. For graphics or AI processing, the NVIDIA Quadro T2000 is the fastest option available for this laptop. The new ThinkPad T1 can be purchased with an Intel Core Xeon processor (or a Core i9) 8-core, along with 64GB of RAM (2x SO-DIMM module).

For professionals who use special applications, Quadro stores have extra features and spend far more tests and certifications than other laptops. From the standpoint of storage, the ThinkPad T1 seems to have up to two 2TB SSD modules (4TB total) that can also be configured on RAID-0 or RAID-1 if you want performance or additional data security.

The 80Wh large battery will help keep your laptop and running as long as possible. ThinkPad P1 (gen2) should start selling this month for $1,949 and beyond.

Lenovo ThinkPad P1 Specs

Lenovo ThinkPad P1
Starting Price $1,949
Display 15.6-inch OLED; Up to 3840 x 2160
CPU 9th Gen Intel Xeon and Core (8-core)
RAM Up to 64GB
Graphics Nvidia Quadro T1000 or T2000
Storage Up to 4TB NVMe SSD
Ports 2 USB 3.1, 2 Thunderbolt 3, HDMI 2.0, SD Card Reader, Mini Gigabit Ethernet, Headphone/Mic
Size 14.2 x 9.7 x 0.68 inches
Weight 3.7 pounds

> Read Next: Huawei Postpones the Debut of The Mate X Foldable Phone

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Huawei Postpones the Debut of The Mate X Foldable Phone

Huawei Postpones the Debut of The Mate X Foldable Phone

The Chinese giant told CNBC and the Wall Street Journal that it was doing tests to make the device ready for customers and was acting cautiously after news of Samsung Galaxy Fold problems.

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The latter debuted in April but shipments were postpones indefinitely after the devices was broken just a few days of use by media analysts.

The biggest problem for Huawei is not only the sustainability of the phone but also the effects of American sanctions. Because Huawei was placed on the black list, American firms can not sell or license Huawei technology. All this situation has caused great trouble that no company would want it to be. Google has revoked the Android license, while Microsoft is expected to do the same with Windows.

Based on this, it is unknown whether Mate X will come with Android or not. CNBC says Huawei will come up with Android because it was launched before Huawei list it in the blacklist. WSJ says this is being discussed.

An alternative is the launch of phone with Huawei system operation that he has started testing. Mate X was launched in February and was well received by analysts. The 8-inch OLED screen just folds into two. It has 8GB of RAM and 5G technology but costs 2,299 euros.

> Read Next: Visa, Mastercard, PayPal And other Big Names To Support Facebook Cryptocurrency

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