Blockchain Foundry Inc. (CSE: BCFN)
Develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to leverage blockchain technology in their businesses.
Google (GOOG +0.9%, GOOGL +0.8%) and Apple (AAPL +2.8%) are building a COVID-19 notification system straight into smartphones – eliminating the need for a separate app, and ramping up a new weapon in the effort to track exposure to the novel coronavirus.
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Future versions of iOS and Android will feature the new system that previously required an app made by a public health authority.
But now the system will use Bluetooth signals from phones that have opted in to find out how closely and for how long two phones were near each other, without collecting location or identity data, according to the companies.
A user that tests positive for COVID-19 would generate a push notification to other participating phones saying they may have been exposed to the virus.
The ability to opt in to the system without installing a separate app is expected to increase adoption of an approach that depends on a large network to work correctly.
The new software is coming in iOS 13.7 for iPhones, due out Tuesday, and in Android updates coming out this month.
In the latest fast-moving asset-sale news from AT&T (T -1.3%), the company is said to be scrapping the idea of selling its Warner Bros. videogame unit, Bloomberg reports.
In June, news emerged that it was looking at a potential sale of the unit that might have drawn $4B, possibly from one of the big three game publishers (ATVI -0.6%, EA -1.1%, TTWO +0.8%) – all of which expressed interest. And The Information later reported that Microsoft (NASDAQ:MSFT) was eyeballing the gaming unit.
But now that division may be too valuable for AT&T to unload – though other assets are clearly on the block.
AT&T is considering the sales of its DirecTV operations as well as its Xandr digital ad unit.
Solar (NYSEARCA:TAN) and wind power (NYSEARCA:FAN) comprised the majority of new power generation in the world for the first time ever, accounting for more than two-thirds of new capacity constructed, according to data compiled by BloombergNEF.
Solar additions last year totaled 119 GW, representing 45% of all new capacity, according to the study.
Global power sector emissions dropped 1.5% between 2018 and 2019, according to Bloomberg, as reductions in the U.S. and European Union offset an increase in emissions from China, which accounted for 37% of power sector emissions in 2019.
Despite strong growth in renewables, global coal (NYSEARCA:KOL) capacity continues to grow, with 39 GW of new coal capacity brought online in 2019 vs. 19 GW in 2018.
Even as developed areas such as the U.S. and Europe retire coal plants, developing nations continue to build them in large numbers, often with financial support from China and Japan, the study says.
Tesla (TSLA, -4%) is giving some gains back today after announcing its $5B capital raise, but Apple (AAPL, +4%) is still humming along after its stock split.
Both stocks are near all-time highs. Tesla is up nearly 500% year to date, while Apple is up 70% and became the first U.S. company to boast a $2T market cap.
And Tesla and Apple have been running in overbought territory for more than two weeks, according to the relative strength index (RSI) momentum indicator.
RSI measures the speed and change or recent price moves from 0 to 100. Above 70 the stock is considered to be overbought, while below 30 is considered oversold.
Apple’s RSI has been above 70 for 19 days and is at 78.26. Tesla has been above 70 for 15 days and is at 84.4 as of yesterday’s close.
But those worried about an imminent selloff should note both stocks have strung together much longer periods above 70.
Apple ran with its RSI overbought for 62 days from January to March 2012. It ran for 48 days starting in February 2017 where its RSI hit above 90. At the start of this year it had a streak of 30 days that ended on Jan. 24.
Nvidia (NVDA +3.0%) officially unveils its GeForce RTX 30 Series GPUs based on the Ampere architecture.
The GeForce RTX 3090, 3080 and 3070 GPUs also utilize the second-gen Nvidia RTX PC gaming platform for real-time ray tracing and AI gaming.
Nvidia says the new series offers up to 2x the performance and 1.9x the power efficiency over the previous, Turing-based generation.
The company also announced that Epic Games’ Fortnite will turn on RTX and adding four ray-traced features, including reflections, shadows, global illumination, and ambient occlusion.
“Today’s launch of NVIDIA Ampere GPUs is a giant step into the future. The work of thousands of engineering years, the GeForce RTX 30 Series delivers our greatest generational leap ever. NVIDIA RTX fuses programmable shading, ray tracing and AI for developers to create entirely new worlds. Twenty years from now, we’ll look back and realize that the future of gaming started here,” says CEO Jensen Huang.
Series specs: GeForce RTX 3080 ($699) offers 10GB of high-speed GDDR6X memory running at 19Gbps and delivers 60fps for 4K resolution gaming; GeForce RTX 3070 ($499) offers 8GB of GDDR6 memory and is reportedly 60% faster on average than teh original RTX 2070; GeForce RTX 3090 ($1,499) features a three-slot, dual-axial, flow-through “silencer” design, 24GB of GDDR6X memory and is up to 50% faster than the current PC card Titan RTX, enabling 60 fps in 8K resolution.
The RTX 3080 is available September 17, the RTX 3090 on September 24, and the RTX 3070 in October. The GPUs will be available as custom boards through add-in card providers like ASUS and Gigabyte.
The GPUs will also appear in gaming systems from Acer, Alienware, ASUS, HP, and Lenovo, to name a few.
