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Facebook to launch their cryptocurrency on 18th of June

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Facebook to launch their cryptocurrency on 18th of June

Facebook has finally come out and revealed that they will soon be releasing their own cryptocurrency and they will be calling it Libra. According to the latest update, Facebook will be releasing the cryptocurrency on the 18th of June 2019. If a reliable source is to be believed, there are multiple investors who are backing this work for Facebook and they have decided the release date to be on 18th of June 2019.

The head of Financial Services & Payment Partnership for Northern Europe, Laura McCracken told Wirtschafts Woche, a German magazine that the cryptocurrency will end up debuting on the 16th of June and it will end up being pegged to a basket of currencies compared to anyone like the United States dollar so that there is no price fluctuation. Kirsch tells:

 “I met Laura at Money2020 Europe in Amsterdam on Tuesday” after she watched fellow Facebook payments exec Paulette Rowe’s talk. “She told me that she wasn’t involved in what David Marcus’ [Facebook Blockchain] team was doing. But that I’d have to wait until June 18th when a whitepaper was supposed to be published to get more details.”

In her defense, she said that she thought that the dates were made public already but she had no idea that they weren’t.

TechCrunch finally received a request from Facebook yesterday. When Facebook was asked about their project on the cryptocurrency, they refused to answer any questions. The announcement dates could end up getting changed if there is any kind of issue with the product. According to the source, Facebook will be launching this product in a full-fledged manner from the year 2020.

The debut of the Facebook cryptocurrency will help to unlock a new era of commerce and payment method for social media. This will help payment between friends and family members convenient. There will be no credit card transaction fee and people can make payments without having to pay extra.

It is likely that Facebook will be using the name Libra for their cryptocurrency business. Facebook has already registered a company in its name called Libra Networks in Switzerland for their financial services. The introduction of cryptocurrency by Facebook will attract a lot of people towards this product because a lot of people do not have any idea of how this cryptocurrency works.

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Spirit to become the latest telecom company which offers a tracking device with LTE

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Spirit to become the latest telecom company which offers a tracking device with LTE

Spirit is following the footsteps of AT&T and Verizon and offering LTE tracker to its customers. The matchbook-sized all the devices which are called Trackers provide all the real-time location tracking with the help of the Safe+ Found application.

This tracker is known to be computing with Tiles but it does not use Bluetooth but it uses 4G LTE. Spirit also uses the Wi-Fi location when necessary when it has to track down people or look for the range. This tracker is basically manufactured by Coolpad. All users will have to pay $2.50 per month for a total of 24 months so that they can cover the cost of the device. Users will also have to pay $5 per month to keep it connected.

Companies like AT&T and Verizon have already launched their own tracker in the past. Apple is also working on its tracker now and will release it very soon. The tracking device from Apple will surely be connected to the iPhone making it very easy and convenient for people using it. This feature in Apple was first seen when there was the first beta of the iOS released. Later on, the feature was removed.

 

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Willo, the robot which can replace your toothbrush

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Willo, the robot which can replace your toothbrush

If you take a close look at the phenomenon of a toothbrush, you will come to know that they haven’t changed. They are almost the same for a long time. Many people have started using electric brushes. But it has a stick with a brush on its end.

Willo has figured out that those electric brushes are not that good. The company has designed a device which has an oral care facility and focuses on the plaque. The company has stated that they have a made a brush which can clean the dental problems up to 46%, however, the normal brushes have the capability of cleaning the plague up to 42%.

The startup is working with dentist association so that they can develop the product in a proper way. The company hasn’t disclosed much information about that robot product, which was reviled had a simple image of the main device.

But there was a news which stated that the startup has a new fund of $7.5 million to develop this product. Kelvin Perkins mainly helped the startup to raise that budget. Matt Rogers and Bpifrance also participated in this project with him. The company was established by Ilan Abehassera, Jean-Marie de Gentile, and Hugo de Gentile. At the very beginning of their carrier, they attended the accelerator program of The Refiners.

So, most of the people with dental problems and the dentist association is waiting to see the final product and they are ready to change the process of brushing.

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Konami uncovered their mini-game console, Turbografx-16

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Konami uncovered their mini-game console, Turbografx-16

Konami Digital Entertainment came up with their TurboGrafx-16 mini. It is a brand new gaming console, which is an updated version of the company’s old 1980s version.

The console is so small that it does not fit properly in a gamers palm. But the console comes with a full-size controller. The game giant said on E3 game expo, which was held in Los Angeles. The console will already have some retro old game like New Adventure Island, R-Type, Ys Books I &II, Ninja Spirit, Alien Crush and Dungeon Explorer loaded in it.

At first, the TurbiGrafx-16 will be released in North America and the other different things like PC engine mini and PC engine Core Grafx will be released in Japan and Europe. They haven’t decided on the budget of the games.

This was a game which was based on cartridge home video game and it was released in the US in the year of 1989. This game was an immediate rival of Super Nintendo and Sega Genesis. At that time, it was supported by 8-bit CPU and the game came stored in CD-ROM. But the line wasn’t continued in 1994.

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