The Bloomberg news agency reported that the Cisneros family, represented by Adriana Cisneros, is raising approximately $1 billion in private funds to be invested in Venezuela’s recovery.

The source mentions investing this money in key sectors of the country’s economy, such as “infrastructure, logistics, telecommunications, and energy,” based on the “expectation that the government will begin a wave of privatizations in the short term.”

According to Bloomberg, the Cisneros family would be a key player in this national reconstruction process, contributing part of the capital and joining the other investments currently being managed.

M.Pino

Source: elestimulo

(Reference image source: Aldward Castillo on Unsplash)

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La entrada Cisneros Family to raise private funds for Venezuela’s reconstruction apareció primero en Bitfinance.

Despite the legal challenges he faces today, Binance founder and former CEO Changpeng Zhao experienced the best financial period in his history. During the year 2023, its wealth has increased by approximately $25 billion.

According to Bloomberg’s Multi-Billionaire Index, Zhao ranks 35th among the wealthiest people in the world. Its fortune is estimated at about $37.2 billion, calculated on the basis of net capital, ownership and stakes in recognized companies. It should be noted that this figure does not include the cryptocurrencies that Zhao may have in his wallets, such as Bitcoin and BNB, which are part of his personal assets.

With this position, Zhao’s fortune significantly outperforms other leading figures in the crypto industry. For example, Brian Armstrong, CEO of Coinbase, has $7.2 billion, while Gemini co-founders Tyler and Cameron Winklevoss each own $2.7 billion. Barry Silbert, founder and CEO of Digital Currency Group, boasts a fortune of $2 billion.

Despite its prominence in the world of cryptocurrencies, Zhao has attracted more attention in recent months due to the announcement by the U.S. Department of Justice. It was revealed that the former executive of Binance and the platform reached an agreement of more than 4 billion to resolve irregularities, in addition to facing the payment of a personal fine of at least 50 million.

K. Tovar

Source: Diariobitcoin

(Reference image source: @nbwpress, X)

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La entrada Zhao’s fortune remains high, despite his troubles apareció primero en Bitfinance.

According to job postings uncovered by Bloomberg, Amazon intends to reinvent its current search feature. In an offer for a “Senior Technical Director of Programs,” the company mentions its AI-first initiative to restructure and reinvent the way they search using deep learning techniques at scale. The position requires at least seven years of experience working with engineering teams and offers annual compensation between $119,000 and $23,400.

Another job posting for a “SDE Sr., Machine Learning (ML), Amazon Search” provides more details on the initiative. It is mentioned that it will be a once-in-a-generation transformation for the search function, and Amazon intends to offer it to customers immediately.

The new search feature will provide an interactive conversational experience that will help users find answers to product questions, compare, receive personalized recommendations and much more, making it easy to find the perfect product for your needs. The annual salary for this position ranges from $134,500 to $261,500.

These job postings clearly indicate that Amazon is planning significant changes to its search function. Additionally, Amazon has recently introduced its own AI models called “Bedrock”, which allow customers to create models similar to ChatGPT.

K. Tovar

Source: Bloomberg

(Reference image source: ThisisEngineering RAEng, Unsplash)

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La entrada Amazon is hiring engineers to power its search engine apareció primero en Bitfinance.

A wide group of banks and financial institutions in the United States are in search of experts in the area of ​​cryptocurrencies.

A report by Bloomberg highlights that in a period of three years, the different institutions have offered more than 1,000 jobs with significant bonuses to attract knowledgeable people.

The company added that many high-level positions in the cryptocurrency sector benefit from a salary increase of up to 50 % over comparable positions.

The manager of the human resources consultancy Johnson Associates, Alan Johnson, assured that “banks cannot run the risk that their clients go to another bank to carry out these services.”

Research firm Revelio Labs analyzed 287 cryptocurrency-related hires from Goldman Sachs, Wells Fargo, Fidelity and JPMorgan Chase, the four largest employers of digital asset talent on professional social network LinkedIn. Revelio concluded that cryptocurrency specialists enjoy a 9 % pay increase over their co-workers in the banking sector, on average.

K. Tovar

Source: Cointelegraph

La entrada US banks seek cryptocurrency experts apareció primero en Bitfinance.

The personal fortune of the creator and president of Facebook Inc., Mark Zuckerberg, was compressed into more than 6 billion dollars as a result of the global failure presented by the platforms Facebook, Instagram and WhatsApp, generating a drop in the ranking of the millionaire people in the world and ranking it in fifth place, as reported by Bloomberg.

Elon Musk, from the companies SpaceX, Tesla among others, Jeff Bezos, Amazon, Bernard Arnault, from Louis Vuitton Moët Hennessy, Bill Gates, co-creator and co-founder of Microsoft, along with Mark Zuckerberg, complete the top five of the ranking of billionaires.

As reported by Bloomberg, a “sell-off sent the social media giant’s shares down 4.9 % on Monday, adding to a drop of around 15 % since mid-September, reducing their value to 121.6 billion dollars (…). In just weeks it has lost almost $ 140 billion.”

Zuckerberg’s social networks crash

Facebook, Instagram and instant messaging WhatsApp suffered this Monday a stop of all their services for approximately six hours. Users began to experience service failures at approximately noon, then the failure reached the blackout that generated a disconnection in all the company’s social networks worldwide.

The 9to5mac website reported that Facebook’s failure was the product of a problem presented by a DNS that “erased the routes to the company’s domains“, also impacting the company’s internal network, which generated a greater complication and prolongation of the crash.

The companies resumed their operation at approximately 8:00 p.m., and although the managers used their Twitter account to apologize for the failures of the services to the users, there is still no official communication on the causes that motivated the blackout of the networks.

M. Rodríguez

Source: fayerwayer.com

La entrada Mark Zuckerberg loses $ 6 billion after Facebook blackout apareció primero en Bitfinance.

Apple is currently working on the development of new versions of its smart speaker with the Siri assistant, HomePod, and the American company plans to incorporate new features such as screens and cameras into them.

As reported by Bloomberg, the US company has worked on new versions of its HomePod smart speakers with a screen and camera, although the launch is not imminent at the moment.

Apple launched the main version of HomePod, with a larger design, at the end of 2018, but the company decided to stop selling this model, as it announced this month in a statement sent to CNBC. Instead, the company will focus on the HomePod Mini, the 3.3-inch spherical version that it launched in October 2020.

Bloomberg has also revealed that the technology brand was working on an updated version of the original HomePod, which it expected to launch in 2022, before the recall of the product.

The company has secretly included a sensor in the HomePod Mini that had not been noticed until yesterday, which allows temperature and humidity measurement and integration with smart thermostats, although at the moment it has no function.

Apple is also working on new Internet of Things (IoT) devices as an update to the Apple TV device to connect to televisions, as the aforementioned media has pointed out.

Source: dpa

La entrada Apple prepares new versions of its HomePod speaker apareció primero en Bitfinance.

The industry of processor manufacturing companies, among which is the US company specializing in mobile chips Qualcomm, have warned about a shortage of semiconductor supplies that could slow down the production of electronic devices around the world.

The CEO of Qualcomm, Cristiano Amon, presented the economic results of the company last Friday and warned of a marked shortage “in all areas”, as the analyst Bloomberg has collected.

This lack of supply originates from the manufacturing industry’s dependence on a small number of semiconductor suppliers from Asia, especially Taiwan, such as TSMC, Taiwan Semiconductor Manufacturing Company.

Currently, the high demand for processors by technology companies, such as mobile manufacturers, is already causing supply problems for other manufacturers such as vehicle manufacturers, which reduced their demand with the onset of the pandemic and are now experiencing difficulties to get components.

The global shortage of semiconductors is among the causes of a 20 % reduction in the production of several General Motors and Ford plants in the United States, announced by the American company this month. However, the lack of supplies may also affect the rest of the manufacturing industries, beyond vehicles, as warned by companies in the sector such as the European NXP Semiconductors NV and Infineon Technologies AG.

Source: dpa

La entrada Chipmakers warn of a global supply shortage apareció primero en Bitfinance.

Apple has been developing what will be its first virtual reality headset for some time, which is expected to be presented in 2022, and which will inaugurate a new category of products in the most ambitious company, as a precursor to augmented reality glasses.

The technology company has faced obstacles in the development of its virtual reality viewer, to face similar devices from brands such as Oculus, Sony or HTC.

This helmet, codenamed N301, is still in development, and would employ the most powerful chips and higher resolution displays than its competitors. It would even have a fan, as the sources point out. It is aimed at content such as videos, video games or communication services.

But it is understood as the precursor of a new category that will feature more ambitious augmented reality glasses that will take more time to produce, as sources familiar with this project have informed Bloomberg. These glasses, codenamed N421, are in a very early stage of development called architecture.

Apple’s first virtual reality headset will be priced higher than its competitors’ equipment. Sources indicate that it is not expected to be a massive success with the public, but that sales of about 180,000 units are estimated.

Source: dpa

La entrada Apple works on its first virtual reality headset apareció primero en Bitfinance.

Bitcoin, the world’s most widely used cryptocurrency, reached a new all-time high this weekend, close to the $ 35,000 border, although it subsequently lost steam and is now around $ 32,150.

The cryptocurrency, which also trades on weekends, reached $ 34,792 yesterday, its new record, and in this Monday’s session it touched $ 33,665, according to Bloomberg data.

The digital currency has exploded since the beginning of the year bitcoin, which surpassed $ 29,000 ($ 29,292) on Thursday, the last day of 2020, broke the barrier of $ 33,000 ($ 33,277) on Saturday, a jump of $ 4,000.

From December 16 he moves to the heights

On December 16, the cryptocurrency passed the level of $ 20,000 for the first time and reached $ 21,295. From that moment on, it continued to rise, encouraged by the interest of the large fund managers.

On December 19 it surpassed the barrier of $ 24,000; on December 26 it shot up to nearly $ 27,000; and a day later it exceeded $ 28,000.

G. Febres

With information from Bloomberg and international media

La entrada Bitcoin hits new all-time highs opening the year apareció primero en Bitfinance.