Five Things You Need To Know About Tech Today

Every day, interesting things happen in the technology industry, and some of these things are totally worth knowing about.

Here are five things you need to know about tech today:

AIs will give countries power

Artificial Intelligence concept. Photo: Tim McMorris

Artificial Intelligence (AI) is basically giving machines the ability to seem like they have human intelligence. Vladimir Putin, current President of Russia, has the belief that whatever country has the best AI will “rule the world”. He told students that Russia will share its AI findings with other countries.

Taxify in London

Taxify app

Markus Villig, a 23-year-old dropout has launched Taxify in London. It is a cheaper rival to Uber as it will have a 50% discount on fares in September to get people to download its app and increase popularity.

Cryptocurrencies are recovering quickly

Cryptocurrency bitcoins. Photo: Altcoin Today

Cryptocurrency markets crashed on Monday following a report that the Chinese central bank had issued a ban on initial coin offerings (ICOs). Bitcoin fell 5% and ethereum fell 11% dive. The market lost $30 billion in market cap since last Friday’s all-time high. It began to climb again on September 5 and now seems to be on its way to creating a new all-time high.

Beats by Apple

Beats Studio 3 Wireless. Photo: CNet

Apple has released a new pair of $350 (£271) noise-cancelling Beats headphones. They are the Beats Studio 3 Wireless. Ironically, Apple just killed its decade-old music festival, Apple Music Festival.

Facebook wants to own streaming

Facebook Live streaming. Photo: YouTube

Facebook bid $600 million (£464 million) to try and win the streaming rights to Indian cricket matches, Recode reports. It didn’t get them. Watch out, football games; you could be next.