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Neon Machine has appointed Ken Rosman as CEO ahead of the 2025 launch of its extraction shooter, Shrapnel, while co-founder Mark Long transitions to an advisory role. The studio is also raising new funding, led by the Blizzard Avalanche Ecosystem Fund, amid ongoing legal disputes with a majority shareholder. Shrapnel, currently in early access, is built on the Avalanche blockchain and features player-designed NFTs.
Cardano has launched Daedalus v7.0.0, enhancing ADA delegation with a new voting tab for governance participation. This update allows ADA holders to delegate voting power to designated representatives and choose an automatic voting model, including a "no confidence" option. The release coincides with the introduction of Cardano Improvement Proposal-1694, aimed at refining the network's governance structure, supported by an Interim Constitution to guide decision-making during the transition period.
Karrier One has launched decentralized WiFi hotspot devices on the Sui Network, enabling individuals to contribute to a global connectivity ecosystem while earning KONE tokens. This initiative addresses the growing demand for internet access by allowing users to offload data traffic from traditional carriers, enhancing network efficiency. The partnership with Sui aims to expand coverage and empower users to participate in a decentralized internet infrastructure.
Google has launched Gemini 2.0, enhancing its AI capabilities with multimodal features and improved reasoning, while Anthropic introduced Claude 3.5 Haiku, a faster model excelling in coding tasks. Both services are priced at $20 monthly, competing directly with OpenAI's offerings. Gemini 2.0 includes advanced tools for research and a new AI assistant, Astra, aiming to redefine user interaction with AI.
Karrier One has launched decentralized WiFi hotspot devices on the Sui Network, enabling individuals to contribute to a global connectivity ecosystem while earning KONE tokens. This initiative addresses the growing demand for internet access by allowing users to offload data traffic from traditional carriers, enhancing efficiency and reducing costs. The partnership with Sui aims to expand network capacity and democratize access to connectivity, aligning with the principles of Web 3.0.
Nestlé is modernizing its operations by exploring open-source technologies alongside its traditional commercial databases, aiming for greater flexibility and cost savings. Meanwhile, Centric Brands successfully launched its IZOD direct-to-consumer site with AWS support, overcoming previous logistical challenges. Versuni, a luxury appliance manufacturer, built its digital platform from scratch on AWS to enhance reliability and self-service analytics, completing the migration in 18 months.
Karrier One has launched decentralized WiFi hotspot devices on the Sui Network, enabling users to contribute to a global connectivity ecosystem while earning KONE tokens. This initiative addresses the growing demand for internet access by allowing individuals to offload data traffic from traditional carriers, enhancing network efficiency. The partnership with Sui aims to expand coverage and empower users to participate in a decentralized internet infrastructure.
UBS has initiated coverage of Nutanix with a Buy rating and a price target of $81, highlighting its strong position in hyperconverged infrastructure software. Currently trading at $64.78, Nutanix is expected to capture significant market share due to disruptions from a recent VMware acquisition, aiming for an annual recurring revenue of $3.1 billion by FY27. The company has shown solid revenue growth of 14.86% and gross profit margins of 85.44%, positioning it well in a market projected for continued double-digit growth.
The stock market rally continues, with the Nasdaq surpassing 20,000 for the first time, driven by megacap stocks like Tesla, Google, and Amazon reaching new highs. Despite a slight dip in Dow and S&P futures, bullish sentiment remains strong, though caution is advised as the Nasdaq is extended above its 50-day moving average. Investors are encouraged to refine watchlists and prepare for potential market adjustments.
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