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Tag: day

  • Bitcoin Pizza Day: Could This Anniversary Spark a New All-Time High?

    Bitcoin Pizza Day: Could This Anniversary Spark a New All-Time High?

    May 22, 2010, marked a milestone that would ultimately change the financial landscape: American software developer Laszlo Hanyecz made the first real-world purchase using Bitcoin, spending a staggering 10,000 of the digital currency on two large pizzas. While this might seem like just a fun anecdote, the implications were profound. Those pizzas, delivered by a student from Papa John’s, ignited a movement that has since seen Bitcoin soar astronomically in value.

    Fast forward 15 years, and those 10,000 Bitcoins, once valued at a mere $41, are now worth about $870 million. Talk about a feast gone from humble to legendary! With the current price of Bitcoin hovering above the $100,000 mark, many are left wondering whether a new all-time high is on the horizon.

    Soaring High and No End in Sight

    For Rino Borini, a Bitcoin expert based in Zurich, there’s every reason to believe that major price surges are imminent. The co-founder and CEO of House of Sathosi has set a goal of $150,000 for this year. However, he cautions that the ride will be anything but smooth, likening it to a rollercoaster: “I can easily envision a new record between $110,000 and $115,000 shortly. Yet, brace yourself for some significant price dips along the way,” he reveals.

    Bitcoin Like a Swiss Army Knife

    According to Bitcoin Suisse, a notable player in the cryptocurrency realm, current market dynamics are working in Bitcoin’s favor. Falling inflation rates, increasing global liquidity, and an influx of institutional investments are propelling its popularity. “Bitcoin is increasingly versatile, much like a Swiss army knife—it can adapt both to risk-on and risk-off scenarios,” they state.

    Structurally, a noteworthy shift is taking place in Bitcoin ownership. Institutional investors, including governments, corporations, and exchange-traded funds (ETFs), now hold about 14% of all Bitcoins. Notably, publicly traded companies have amassed over 180,000 Bitcoins this year alone, further cementing Bitcoin’s place in mainstream finance.

    Structural Shift towards Institutional Investors

    Bitcoin Suisse underscores the growing tension between supply and demand as a critical factor in this evolution. They suggest that these structural changes may not only reduce volatility but also accelerate Bitcoin’s journey toward maturation. With such optimism, Bitcoin Suisse even hints at a thrilling price target of $180,000 by year’s end.

    Could we see prices take off on an exhilarating upward trajectory? If history shows us anything, it’s that this digital currency tends to keep us on our toes!

    Questions & Answers

    **What was the significance of Laszlo Hanyecz’s pizza purchase?**
    It marked the first known real-world transaction using Bitcoin, showcasing its potential as a currency.

    What are Bitcoin’s current price dynamics?
    Bitcoin is trading above $100,000, with experts speculating about the possibility of hitting new all-time highs soon.

    What structural changes are occurring in Bitcoin ownership?
    There is a noticeable shift toward institutional investors holding a larger share of Bitcoin, indicating growing acceptance and integration of the cryptocurrency in mainstream finance.

  • TikTok honors Holocaust Remembrance Day

    TikTok honors Holocaust Remembrance Day

    On Thursday, January 27, the world celebrated International Holocaust Remembrance Day—and viral media platform TikTok has joined in to do its part in memorializing the holiday, and combatting antisemitism on the platform.

    Yesterday, TikTok officially announced that it would be offering new tools and features to combat the spread of hate speech and marginalization, as well as provide users with educational content to counter any misinformation on the platform.

    To do this, TikTok has partnered with UNESCO and the World Jewish Congress to display a new banner across the screen, which users will see when they search for certain Holocaust-related phrases. The banner reads, “Remember to consult trusted sources to prevent the spread of hate and misinformation,” a text accompanied by a link to aboutholocaust.org.

    World Jewish Congress President Ronald S. Lauder, stated that “the World Jewish Congress is proud to partner with UNESCO and TikTok in making factual and reliable information about the Holocaust available to the TikTok community,” as recorded in TikTok’s official blog post.

    “TikTok allows us to reach a new audience,” he continued, “some of whom may be uninformed about the horrors of the Holocaust and therefore be potentially susceptible to misinformation. We welcome the platform taking responsibility and leveraging its reach to stop the spread of antisemitism and Holocaust denial.”

    January 27 marks the date of the liberation of Auschwitz-Birkenau—the largest Nazi concentration camp—in 1945. It is a day on which the whole world gathers to remember the millions of people who were killed in the Holocaust during World War II.

    However, TikTok’s decision to spread awareness about antisemitism isn’t limited to the Holocaust Remembrance Day holiday, nor to a week, or even month, after the event. According to the blog post, this will be a permanent change to the platform, implemented along with the provision of new educational reading material on TikTok’s main Discover page.

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  • Users can disable Night mode feature with iOS 15

    Users can disable Night mode feature with iOS 15

    Apple is just weeks away from releasing iOS 15 and one of the new features will allow a user to turn Night mode off. If you’re not familiar with Night mode, it allows iPhone users to snap viewable photos even under low-light conditions. This feature is available with the iPhone 11 and iPhone 12 lines and automatically turns Night mode on in low-light environments.

    You can tell that Night mode is on when the icon at the top of the screen is yellow. When a photo is snapped with Night mode enabled, a number next to the icon will tell you how long the exposure will take. Tapping the icon allows you to control the time of a Night mode exposure using a slider. Depending on how dark it is outside when taking the photo, the Night mode photo might be quick or it might take several seconds.

    With the iPhone 12 series, Night mode selfies are supported as are Night mode portraits. Because it allows you to take photos under low-light conditions, no one would want to turn off Night mode under normal circumstances. Still, some people just might want to have the ability to turn off Night mode and this is happening in iOS 15. With iOS 15 installed, go to Settings > Camera > Preserve Settings and you’ll find a new toggle for Night mode.

    When that Night mode toggle is turned on, the iPhone will know to keep Night mode turned off if you’ve disabled it for a shot. If you need Night mode, you can still manually enable it in the camera app allowing you to decide whether to use it. Personally, having Night mode turn on automatically is a time saver. Allowing you to opt-out of Night mode is also a time-saver, but only if you’re not in a low-light environment.

    Remember, this new feature is coming in iOS 15 which will be heading your way very soon.

  • JD Sports celebrates mums on Mums Day

    JD Sports celebrates mums on Mums Day

    JD Sports marked Mother’s Day with a heart-warming video and a social media contest.

    The retailer launched #JDCelebratesMums campaign across Singapore with an “undisputed message; that jobs can come and go, but a mother is irreplaceable”.

    In the 3-minute video on JD Sports’ Instagram account, Atieqa, a JD senior sales advisor, took her mum to her workplace at JD Ion Orchard, where she shared her daily work routine.

    Under the video’s comment section, there was a contest in which participants should share their most memorable moments with their mum.

    One winner won an S$500 JD gift card.

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  • Save the Date for Volvo Group Capital Market Day 2017

    Save the Date for Volvo Group Capital Market Day 2017

    The Volvo Group invites financial analysts and institutional investors to the Volvo Group Capital Market Day, to be held in Eskilstuna, Sweden on May 23, 2017.

    The Capital Market Day on May 23 will start at 9:00 a.m. at Volvo CE Customer Center in Eskilstuna, Sweden, and finish with a dinner in the evening. The program will include presentations by the CEO and the Executive Management as well as the possibility to test drive products.

    A formal invitation with a complete agenda and registration information will follow in early spring 2017. Further information will also be made available on the Volvo Group website well in advance of the event.

    The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 100,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. In 2015 the Volvo Group’s sales amounted to about SEK 313 billion (EUR 33,4 billion). The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on Nasdaq Stockholm.

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  • Alibaba’s Singles Day sales reach $17.8b

    Alibaba’s Singles Day sales reach $17.8b

    Alibaba Group Holding Ltd.’s Singles’ Day shopping festival (now known as the 11.11 Global Shopping Festival) broke sales record this year with a reported 120.7 billion yuan ($17.79 billion) in gross merchandise volume in just 24 hours.

    The figure represents a 32% jump over last year’s 91.2 billion yuan ($14.3 billion) in transactions over Alibaba’s e-commerce platforms – B2C site Tmall.com and C2C site Taobao Marketplace.

    Alizila, the news portal of the Chinese e-commerce giant, also reported that the festival saw a number of other new records set, including 98.97 billion yuan ($14.6 billion) in GMV generated on mobile devices and 657 million delivery orders, compared with $9.8 billion and 467 million, respectively, in 2015.

    “There were also 1.04 billion payment transactions processed compared with 710 million last year,” the report noted.

    Daniel Zhang, chief executive officer of Alibaba Group, was quoted as saying that this year’s 11.11 shopping festival is a preview of the future of retail.

    “11.11 showcased how online and offline retail will be reinvented to offer brand new shopping experiences to our hundreds of millions of mobile, digitally savvy active users,” he said.

    The shopping marathon started on November 11 at midnight China Standard Time (CST).

    An IMAX-sized data screen at the media center at the Shenzhen Universiade Sports Center in Shenzhen, China continuously flashed updates all throughout the day, complemented by live blogging reports from Alizila.

    The first report at 12:017 showed that total GMV blew up to 10 billion yuan ($14.6 billion) just six minutes and 58 seconds after the sale began. Total GMV exceeded $100 million in just 40 seconds.

    During the first hour of the sale, order volume also reached a record-breaking peak of 175,000 orders in one second, while 120,000 payments were settled per second at the peak.

  • Sarinah Celebrates National Batik Day

    Sarinah Celebrates National Batik Day

    Renowned retailer of traditional Indonesian products, Sarinah will celebrate National Batik Day on Sunday, 2nd October 2016 which will commence from 6:30 A.M. – 10 A.M. at its Thamrin department store location. As a leading state-owned enterprise with immense pride in its local heritage, Sarinah has also partnered with the Indonesian Batik Foundation as well as the Indonesian Scout Movement. Furthermore, Sarinah is also working alongside the Ministry of Law and Human Rights and will thus makes available a bazaar showcasing a range of locally-made products.

    During the “Batikmu, Batikku, Batik Kita Beda, Tapi Kita Indonesia” (Your Batik, My Batik, Our Batik is Different, But We are Indonesia) event, Sarinah’s Board of Directors will be joined by 1,000 members from the Indonesian Scout Movement for a wall signing ceremony which reiterates both parties’ dedication to preserving batik as an ancient Indonesian artform. In keeping with its role as a modern retailer, Sarinah will additionally host a fashion show featuring budding Batik fashion designers from Indonesia. This opportunity will enable guests and visitors to gain better understanding of the wide array of batik clothing styles and its position in the country’s increasingly trend-savvy society. To further provide an all encompassing shopping experience, Sarinah is set to further provide live entertainment for visitors.

    Sarinah’s participation in celebrating National Batik Day is an effort that demonstrates the company’s unsurpassed commitment to maintain traditional crafts and heritage as part of its business operations. As such, Sarinah exemplifies its standing as highly-regarded retail of modern and traditional products as well as its role as the Home of Indonesian Heritage.

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