Author: Henry R. Lares

Henry Lares is still early into his career as tech reporter but has already had his work published in many major publications including Tech Crunch and the Huffington Post.  In regards to academics, Henry earned an engineering degree from Apex Technical School. Henry has a passion for emerging technology and covers upcoming products and breakthroughs in science and tech.

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News Tech

A New 18:9 LG Q7 Phone is Expected To Be As Powerful As Possible

The United States Federal Communications Commission certified an LG smartphone earlier this week. The device has the model number LM-Q710TS, which led us to believe that this is the upcoming Q7 smartphone. This new information also came with some additional details which helped us get a better idea about the handset.

The display ratio

One of the first things that we learnt about the display panel is the fact that it will be an elongated one. The panel will have an aspect ratio of 18:9. This detail was revealed by the screenshot that was released. But we were able to discover other things as well.

System navigation buttons

One important thing about the screenshot is that we can see system navigation buttons that are placed on-screen. This means that there won’t be physical buttons for these, so we will won’t see a Home key on the upcoming phone, and there should not be any capacitive buttons either. This also means that the smartphone should be a slim one.

The Federal Communications Commission review

The fact that this device was submitted for review is quite important. It is very likely that there will be a stateside launch for this device. In some cases, the federal certification does not mean that the handset is going to be released in the United States and it might mean that the manufacturers are only trying to test them in the country.

Upcoming LG smartphone

The next LG Android flagship is supposed to be released on May 2, and this date was already confirmed by the company. LG is also supposed to be working on the LG V40 device. This handset should receive the code name “Storm” and we should see it at the end of the summer.

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Crypto News

Cardano [ADA] Update – New UI and Gorgeous Progress

With the number of articles going around looking more closely at the evolution process of different coins on the market during this past week, it looks like Cardano has also shown a number of changes and we are going to look more closely at them.

Cardano’s progress

First of all, the Cardano team has manage to fix a lot of things that needed improvement in these past couple of days, such as the fact that they now have a stronger migration plan that is going to be used for their wallet backend. This should come as no surprise since what they wanted to focus on was trying to upgrade the speed that they had when it came to the verification of blockchains and their application.

The team also took some time to fix the documentation and the semantics parts, which did have a number of small issues. Most people would think of spelling mistakes when it comes to semantics but, in reality, the company worked on clearing up vague terms such as ‘spending Password’, among others. If we are talking about the updates that were done to the documentation, we would like to talk about the fact that the Cardano team worked very hard on updating the history of the transaction and the filters that were used.

Most importantly, they worked on improving and restoring the asynchronous wallets, which will have a number of changes when it comes to their user interface, such as looking at the wallet on your sidebar.

These changes follow a rapid rise for Cardano this week, coming up to a gain of 36 percent, that some analysts attribute to the fact that Cardano [ADA] is now available on CoinSwitch, making it easier to have access to and be used on a regular basis by others.

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Crypto Finance News

Ripple (XRP) and Tron (TRX) – Is Now the Time to Take Action?

Nowadays, the cryptocurrency market has generally been pretty stable, and at the time of this article, it’s currently approaching its peak for the month. Today, we’ll be taking a short look at three different cryptocurrencies that shown consistent an increase in value: Ripple, VeChain, and Tron.

With the exception of five cryptocurrencies, all the rest of the coins listed in the top hundred have sustained downturns this morning, and as it turns out, this is actually positive news. So far as we’ve seen, there haven’t been any notably significant updates in the cryptomarkets today, and this just may very well be a good thing.

VeChain (VEN)

Sunny Lu, the CEO of VeChain, has inspired a significant upturn in the price of VeChain following her latest tweet.

So it would appear that people who’ve long-supported VeChain now have reason to see their trust in VeChain increase, as well as buy up even more of the coin.

At the time of printing this article, VEN is recorded at $3.68 per coin, up 7.76%.

Ripple (XRP)

As we see here, Ripple(XRP) has done quite well this past week. Last week, Santander Bank, a subsidiary of the Spanish Santander Group based in the United States, announced their launch of their new international mobile payment app, Santander One Pay FX. One Pay FX is the first mobile app that makes use of Ripple technology to allow users to make transactions and payments internationally, all and entirely through blockchain technology.

 

Following the announcement, XRP has enjoyed a smooth, gradual upturn. With ever-increasing numbers of businesses facilitating support of Ripple’s internationally-friendly blockchain architecture, XRP sees ever-increasing popularity and use. One might say that a significant share of banks and other financial institutions worldwide have been really sitting up and noticing, and they’ve seen the benefits of supporting not only the architecture, but the general public usage of the technology behind Ripple and Stellar’s, and this is very likely just a small taste of what we can expect in years to come.

At the time of printing this article, XRP is recorded at $0.734 per coin, up 7.74%, within the past day.

Tron (TRX)

 

The Tron Foundation are holding a programming contest, and have announced the details as of just this past Tuesday. With the total reward being staked at an incredibly lucrative one million dollars in TRX, applications to the competition have already begun coming in. The launch of the Tron main net is a little over five weeks coming. These are definitely exciting times for the cryptomarkets.

If you’ve been contemplating getting into cryptotrading, and perhaps even rounding your portfolio out by adding TRX, this is the time.

At the time of printing this article, TRX is trading at $0.051436 per coin.

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Finance News Tech

Facebook Facial Recognition Available in Europe Again

Facebook recently announced that they intend to bring facial recognition back in Europe. They had previously withdrawn this feature back in 2012 because several data privacy groups objected to it. Moreover, the social media network will make the feature available in Canada for the first time since its launch back in 2011.

The Official Announcement

This move was announced by Facebook through a blog post. The people responsible with the announcement were Deputy General Counsel Ashlie Beringer, together with the Chief Privacy Officer Erin Egan. The executives declared that for more than six years, they have been offering products that rely on face recognition all around the world. Now, as part of their latest update, they will give this chance to people in the EU and Canada as well.

But what does it do more exactly? This feature lets Facebook scan your photos and suggest some users you can tag in them. Facebook underlined the fact that this feature will be optional, not compulsory.

More Changes

However, this isn’t the only change Facebook plans to implement soon. Next month, they want to introduce some sweeping data protection rules, called the General Data Protection Regulation in Europe. This will offer its users more choices related to data sharing, instead of automatically signing them up.

Even so, the availability of facial recognition is a controversial one for the platform. They are currently facing quite a lot of scandal regarding the way they are manipulating their users’ data. At the same time, the EU regulators declared they’re not satisfied with the way in which the feature complies with their data rules. In fact, on Monday, one of the federal judges in the US ruled that the social network will face a class action lawsuit. This relates to the fact that the app uses facial recognition on photos without the user’s permission.

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Finance News

Bank of Canada Rates Remain Steady – A Cautious Attitude

Currently, the Bank of Canada continues to build their case for some higher interest rates. However, they have stopped for the moment. The central bank has remained with a key rate unchanged from 1.25% on Wednesday. Related to this, they cited the present weakness in housing, as well as trade and investment when it comes to export.

A Cautious Attitude

Many key ingredients for sustaining higher rates seem to be okay. However, the bank declared its intention of remaining cautious when it comes to other policy adjustments in the future. Currently, we look at Canada’s economy while it’s operating with ‘little slack’. Moreover, inflation has been edging higher and now it’s in line with the 2% target set by the bank. All this information was presented in a statement issued by the bank to justify its rate decision. Don’t forget that the rising wages are also making the consumption growth stay quite ‘robust’.

An Interesting Evolution

Ever since last June, we witnessed three raises of the key rate of the bank. What’s more, the investors and economists expect us to see one more in 2018. Andrew Grantham works as an economist for the Canadian Imperial Bank of Commerce. According to him, the statement shows that the Bank will most likely make another rate hike in July. However, they’re not rushing to move anytime soon after that.

We can blame the go-slow attitude of the bank partly on the expansive capacity to grow of the economy. For 2018, 2019, and 2020, the bank boosted its own estimate for the potential output grow by 2 – 4%. This information was present in the Monetary Policy Report, which they had released on Wednesday. Now, the median should equal 1.8% in all these three years. If they are right, an increased capacity can help the economy grow faster without triggering the inflation.

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