Category: Technology

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Facebook loses daily users for the first time ever

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the staff of the Ridgewood blog

Ridgewood NJ, Facebook reported its first-ever quarterly decline of global daily users and lower-than-expected ad growth at an earnings call on Wednesday. The news resulted in a massive stock drop that wiped out roughly $200 billion in market value. Its drop in daily users may be due to Facebook’s increasing lack of relevance with young people. Meta is still wildly profitable, making nearly $40 billion last year. It plans to release its next VR headset later this year.

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Understanding The Advantages Of Personalized Flash Drives For Your Business

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When it comes to marketing and advertising your business, many different strategies can be employed. One option that is growing in popularity is using personalized flash drives. There are several reasons why this type of promotion can be advantageous for your company. In this blog post, we will discuss some of the key benefits of using customized USB drives to market your business.

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How Technology Has Altered The Realm Of Online Casinos

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Technology continues to influence the modern world. It has altered the way people communicate with one another and how industries operate. The greater the technology is, the higher the chances of success are. For example, in South Africa, 92% of businesses highlight that better technology means greater profits.

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5 Reasons Your Business Needs an IT Administrator

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There are all kinds of things an IT administrator, sometimes shortened as admin, can do for a business entity. You might have an IT staff if you have many IT resources, but an admin has a particular job. They maintain and configure a business’s enterprise software, security systems, networks, servers, and computers.

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Beware of those Facebook Messenger Scams

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the staff of the Ridgewood blog

Ridgewood NJ, The New Jersey Cybersecurity and Communications Integration Cell (NJCCIC ) continues to receive reports of Facebook Messenger social engineering scams. Messages are received from a Facebook account the target is “friends” with but whose account has been hacked. These messages vary but often include a link that leads to a website requesting the target’s Facebook account credentials. Some messages reported include language referring to a COVID-19 grant program and claiming the target can receive thousands of dollars. Previously reported scam messages contained phrases like “Hey I saw this video. Isn’t this you?” or claimed the sender is in trouble and needs money. These Facebook Messenger scams are prolific and have resulted in compromised Facebook accounts and monetary loss.

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Microsoft to Acquire Video Game Maker Activision Blizzard for $68.7 billion

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the staff of the Ridgewood blog

Ridgewood NJ, Microsoft is acquiring Activision Blizzard in a deal valued at $68.7 billion. Many of Activision’s games will be added to Xbox Game Pass once the deal closes in the fiscal year 2023. It will take a long time for the deal to close as Activision Blizzard operates in many markets, making receiving regulatory approval more complicated for Microsoft. Activision Blizzard was recently sued for promoting a culture of constant sexual harassment. Bobby Kotick will continue to serve as CEO of Activision Blizzard until the deal is fully closed.

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Biotech Startups tries to Reverse Balding

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the staff of the Ridgewood blog

Ridgewood NJ, the pandemic has caused hairlines to recede faster than usual through both stress and the aftereffects of Covid-19. dNovo, a biotech startup, claims that it can create new hair using customized stem cells produced from a few drops of blood. The cells are reportedly able to evade immune responses and avoid rejection. Once implanted, the cells take around one to three months before starting to grow hair. The technology is still years away from being ready for humans, but it has shown promising results with mice.

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Criminal charges filed against a Tesla owner for Deadly Autopilot Crash

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the staff of the Ridgewood blog

Ridgewood NJ, Two felony charges have been filed against a Tesla owner in the US for a deadly crash involving Autopilot in 2019. It is the first time a Tesla owner has been criminally charged in the US in a case involving Autopilot. Autopilot has contributed to a number of fatal crashes and Tesla has faced several wrongful death suits as a result. Drivers are warned that they need to pay attention when using Autopilot, but some drivers still misuse the system.

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Internet Pioneer Michael Onghai Joins American Blockchain PAC’s Board of Advisors

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the staff of the Ridgewood blog

Washington DC, the American Blockchain Political Action Committee is pleased to announce that Michael Onghai has joined our Board of Advisors. As one of the earliest pioneers of the Internet revolution as former CEO of Looksmart, Michael Onghai is also a seed investor in Coinbase, FundersClub, and Upflex. He currently is principal and seed investor in Alpha Sigma Funds, and a director of MGT Capital, a publicly traded company engaged in mining of Bitcoin. He also was one of the pioneer software developers of the Human Genome Project.

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Surveillance State : Acting Attorney General Seeks Publics Feedback on use of Facial Recognition Technology by Law Enforcement

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the staff of the Ridgewood blog

Trenton NJ,  acting Attorney General Andrew J. Bruck today announced the launch of an online portal soliciting comment from the public on regulating the use of facial recognition technology by law enforcement in New Jersey for investigative purposes.

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North Korea Stole a Record $400 million in Cryptocurrency in 2021

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the staff of the Ridgewood blog

Ridgewood NJ, North Korea stole nearly $400 million in cryptocurrency in 2021. The country has long relied on its hacker corps to steal money from financial institutions around the world. It has been increasingly focused on companies that handle and trade cryptocurrencies in recent years. Last year, the country successfully breached at least seven cryptocurrency exchanges. It strategically launders small amounts of its hacked cryptocurrency to take advantage of price increases.

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Former Inmate Admits Role in Scheme to Use Drones to Smuggle Contraband into Fort Dix Federal Prison

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the staff of the Ridgewood blog

Linden NJ, A Union County, man today admitted his role in a scheme to use drones to smuggle contraband, including cell phones and tobacco, into the federal correctional facility at Fort Dix, U.S. Attorney Philip R. Sellinger announced.

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The Republic of Palau Goes Crypto

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the staff of the Ridgewood blog

Ridgewood NJ, The Republic of Palau has partnered with Cryptic Labs to launch a digital residency program using Cryptic Labs’ Root Name System. Global citizens will be able to claim digital residency backed by the Republic of Palau using the blockchain and receive perks of residency without physically living there. Approved applicants will be issued a physical resident ID card and digital ID in the form of an NFT. Cryptic Labs has yet to announce which blockchain the protocol will use.

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Oh the Humanity: H2 Clipper Will Resurrect Hydrogen Airships

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the staff of the Ridgewood blog

Lakehurst NJ, H2 Clipper is a startup that plans to build airships that will use hydrogen to provide buoyancy and hydrogen fuel cells to power their engines. The project is still in its concept stage, but the startup plans to build airships that are faster, safer, and more efficient than its predecessors. The airships will cruise at about 175 mph for distances up to 6,000 miles. They will have a cargo volume of 265,000 cubic feet and will be able to carry up to 340,000 pounds of payload. There are still many hurdles to overcome before the airships will become a reality, one being that the US currently bans the use of hydrogen as a lift gas in airships.

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China’s digital currency comes to its biggest messaging app WeChat

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the staff of the Ridgewood blog

Ridgewood NJ, WeChat plans to roll out China’s e-CNY digital currency for use in its app. WeChat is used everywhere in China, with the super app offering many functions such as messaging, payments, taxi-hailing, and food orders. WeChat Pay has over 800 million monthly users. Alipay has also started trialing digital yuan payments. The People’s Bank of China has expanded the rollout of its e-CNY app to certain regions and cities, allowing anyone in those areas to use the service.