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How a College Dropout Turned $200 into $2 Million with Cryptocurrency: Learn His Shocking Trick | – Bitcoinist

Remarkable stories of individuals achieving extraordinary wealth through cryptocurrency investments have captured the imagination of people worldwide. Among these tales, the narrative of a college dropout who transformed a mere $200 into an astonishing $2 million with cryptocurrency stands out as both intriguing and inspiring. This extraordinary feat has sparked curiosity and led many to wonder about the secret behind his success.

This narrative stresses the underlying factors that contribute to the individuals success. The students astute market analysis, timing, risk management techniques, and shrewd investment decisions propelled him to such extraordinary heights. All these tasks require an automated strategy that helps in round-the-clock monitoring. The journey of this college dropout-turned-millionaire serves as a source of inspiration for investors to navigate the highly volatile and inherently risky market with the help of AI. Avorak unravels valuable nsights and lessons that guide and inspire those venturing into this dynamic and rapidly evolving financial landscape.

Trading algorithms, also referred to as automated trading systems or trading bots, help traders profit by automating the execution of trades. Avorak Trade Bot can monitor multiple markets simultaneously and execute trades without emotional biases, which can be advantageous in fast-paced trading environments. The Avorak trade bot operates around the clock, taking advantage of opportunities even when traders are not actively monitoring the market. It eliminates constant manual monitoring during non-trading hours. Avorak trade bots can backtest strategies using historical market data to assess their potential profitability. The success of a trading bot heavily relies on the strategy it is programmed to follow.

The intriguing story of a college dropout couldnt be here without trading bots. Trading bots execute trades on behalf of traders based on predefined rules and strategies. The effectiveness of trading bots can vary depending on various factors, and it is important to understand their capabilities and limitations. Avorak Trade Bot is a popular and effective crypto trading bot that can execute trades with great speed, reacting to market conditions and opportunities much faster than human traders. Developing an effective strategy requires comprehensive market knowledge, technical analysis skills, and continuous optimization to adapt to changing market conditions.

Avorak AI is the next big explosion, as demonstrated by its stellar ICO performance. Avorak deploys true utility tools, including content creation. In Beta testing, Avorak tools have gained widespread use due to their unmatched market performance. For example, Avorak Write addresses the challenges of the existing AI tools and introduces more features that simplify tasks.

Avorak AI is doing this through its ICO, currently in phase seven with AVRK at $0.255. Avoraks performance has been extraordinary, having raised considerable sums in a short period and witnessed a 325% value increase since the initial offering. ICO holders get bonuses and privileges and expect to benefit from further price increases. With the expected 10,000% gains, according to experts and analysts, Avorak will make more millionaires.

Achieving substantial gains in the crypto market is no easy task, making the story of this college dropouts meteoric rise all the more remarkable. Avorak AI, with its performance and a portfolio of crypto trading tools, strives to produce more crypto millionaires.

Learn more on Avorak AI here:

Website: https://avorak.aiBuy AVRK: https://invest.avorak.ai/register

Disclaimer:This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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Is Cryptocurrency Still a Viable Asset Class? – Talk Business

Cryptocurrencies have come a long way since their inception in the noughties, both in terms of growth and how theyre perceived by potential adopters and investors. However, is cryptocurrency a viable asset class?

Crypto endured a sustained slump through 2022, after the wider market peaked during the previous November and achieved a cumulative market cap value of more than $3 trillion.

As of June 5th, 2023, the markets total capitalisation value is just $1.13 trillion, as the crypto space struggles manfully to return to its former glories despite a relatively positive and stable first half of the New Year,

But where exactly does cryptocurrency start as a viable asset class, and is it still worth including in your portfolio?

Despite the historical data revealing exactly how far crypto has fallen since the halcyon days of November, 2022, this year has actually started on a fresh and relatively positive note for tokens.

At the very least, most tokens (including market leaders like Bitcoin and Ethereum) are on the arduous road to recovery, with the price of BTC alone up to 21,614.34 at the beginning of June. It ended last year priced as low as 13,915.20, and its sustained gains auger well for the remainder of the market in 2023.

This trend is expected to continue through the remainder of the year, as BTC and ETH continue to record incremental growth and blaze a trail for second and third generation cryptos to follow.

In terms of third gen crypto assets, there are a handful of tokens that are expected to perform particularly well in the second half of 2023. These include Cardano, which continues in its quest to tackle the scalability issues associated with first and second generation tokens and leverages a proof-of-stake consensus mechanism that dramatically increases transaction times and lowers fees.

Cardano is largely considered to be the market leading third generation crypto, thanks to both the strength of its core premise and the strong development team that underpins it.

More specifically, Cardanos team is led by Charles Hoskinson, whos also the co-founder of Ethereum and someone who has almost immeasurable experience in the industry. This is enabling Cardano to create a vast and decentralised ecosystem, in which users can build a wealth of scalable applications and create further utility in the marketplace.

RenQ Finance is also poised to grow impressively through H2 2023, as while this third-gen cryptocurrency is a relatively new player in the burgeoning DeFi space, its a highly innovative blockchain that offers a broad range of services (including staking, liquidity provision and yield farming) while enabling interoperability across different blockchains.

The key takeaway here is that the crypto market as a whole is witnessing a sustained, if modest, recovery in 2023, although the precise extent of this rebound and the value that it offers to investors remains up for debate.

While the medium and long-term future of cryptocurrency appears relatively rosy, this market is clearly not as attractive to investors as it once was.

At the same time, its hard to dispute the notion that trust in the crypto market has declined since the 2022 crash, while the potential upside for tokens and the chances of achieving short-term gains remain minimal.

However, it can also be argued that last years sustained market crash has created opportunities for traders, especially those with a penchant for so-called value investing.

This describes a methodology where you proactively select assets (typically stocks) that appear to be trading noticeably lower than their intrinsic or book value, and while this can be hard to gauge accurately for crypto tokens, its undoubtedly worth consideration if youre looking to crack this market in 2023.

In the case of Cardano, for example, this highly scalable asset is now priced as low as 0.30, which is significantly down from its high of 2.07 in August 2021. Now, while the asset may not achieve such a high again until some point in 2026, it could reach $1.43 at some point in 2025.

This could result in a significant medium-term yield when investing in volume, while it also highlights a trend thats prevalent across a broad range of market leading third generation blockchains in 2023.

Ultimately, the diversity of the contemporary crypto market and the fact that it has least embarked on the road to recovery means that it remains a viable investment option at present, especially for those of you with a desire to achieve medium or long-term gains.

Crypto clearly remains a theoretically viable option and one that has been relatively stable through 2023, while the low price of Bitcoin and similar tokens increases their respective value propositions in a recovering market.

At the same time, the global macroeconomic climate remains strained, with inflation still disproportionately high and interest rates rising. High rates of inflation continue to erode the purchasing power and underlying value of fiat currencies, while crypto tokens remain relatively immune to macroeconomic fluctuations.

However, tokens such as Bitcoin remain more than 50% down on their historic high price, while the assets immediate resistance level is relatively low and indicative of a bearish market. So, those of you with a level of risk aversion or desire to achieve short-term gains may want to avoid crypto, at least for the foreseeable future.

To learn more about which investment market or asset class is right for you, Id also recommend taking this insightful trading quiz.This is ideal if youre a novice trader, for whom assets such as cryptocurrency remain incredibly complex and intimidating.

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Cryptocurrency Price Today: Bitcoin Dips Below $26,000 For The First Time Since March – ABP Live

Bitcoin (BTC), the oldest and the most valued cryptocurrency in the world, dipped below the $26,000 mark for the first time since March this year. The recent dip is largely believed to have been caused by the US Securities and Exchange Commission (SEC) suing Binance over securities violation. Other popular altcoins including the likes of Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) saw a bloodbath in prices across the board. KAVA emerged to be the biggest gainer, with a 24-hour jump of nearly 10 percent.

The global crypto market cap stood at $1.09 trillion at the time of writing, registering a 24-hour loss of 3.89 percent.

Bitcoin price stood at $25,735.35, registering a 24-hour loss of 4.12 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 22.60 lakh.

ETH price stood at $1,812, marking a 24-hour dip of 3.23 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.61 lakh.

DOGE registered a 24-hour loss of 6.78 percent, as per CoinMarketCap data, currently priced at $0.06669. As per WazirX, Dogecoin price in India stood at Rs 6.05.

Litecoin saw a 24-hour dip of 5.97 percent. At the time of writing, it was trading at $87.42. LTC price in India stood at Rs 7,671.76.

XRP price stood at $0.5054, seeing a 24-hour loss of 4.93 percent. As per WazirX, Ripple price stood at Rs 44.99.

Solana price stood at $19.96, marking a 24-hour dip of 7.15 percent. As per WazirX, SOL price in India stood at Rs 1,745.

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Kava (KAVA)

Price: $1.0924-hour gain: 9.58 percent

PAX Dollar (USDP)

Price: $1.0024-hour gain: 0.44 percent

Gemini Dollar (GUSD)

Price: $0.996624-hour gain: 0.12 percent

Dai (DAI)

Price: $0.999924-hour gain: 0.11 percent

TrueUSD (TUSD)

Price: $0.999724-hour gain: 0.05 percent

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Pepe (PEPE)

Price: $0.0000010124-hour loss: 15.57 percent

Terra Classic (LUNC)

Price: $0.0000920124-hour loss: 15.10 percent

Render Token (RNDR)

Price: $2.2524-hour loss: 13.48 percent

Sui (SUI)

Price: $0.812724-hour loss: 12.62 percent

Conflux (CFX)

Price: $0.227424-hour loss: 12.38 percent

Mudrex co-founder and CEO Edul Patel told ABP Live, Over the past 24 hours, Bitcoin's value dropped by more than 4 percent, reaching its lowest level since March 16, hovering around $25,750. Despite attempts to surpass the $27,000 mark, BTC was unable to do so and instead tumbled to the $25,000 level due to bearish selloffs triggered by the SEC's announcement of filing a lawsuit against Binance. In a similar vein, Ethereum also suffered a loss of over 3 percent, currently trading at approximately $1,813, which represents its lowest point since May 18.

Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, said, Bitcoin is currently still holding around the very important psychological level of sub-$25,700, whereas a bounce back could be likely from here, breaking the same can lead it to $20,000 levels. The SECs lawsuit has explicitly called out several popular coins like SOL, ADA, and MATIC as securities causing their price to significantly fall as well. Meanwhile, the largest stablecoin provider Tether has decided to invest in renewable crypto mining operations in El Salvador where BTC is an official currency.

Rajagopal Menon, Vice President, WazirX, offered his take, "Bitcoins fear and greed index continues to be neutral as Binance gets sued by the SEC for violating securities laws in the US, taking the price of Bitcoin down to lowest levels since March. Bitcoin moving averages continue to indicate a Sell sentiment up to 100-day levels."

Sathvik Vishwanath, CEO and co-founder, Unocoin said, Cryptocurrency markets have seen a significant drop following the news that the US Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, its US subsidiary, and founder Changpeng Zhao. Bitcoin (BTC) fell 5 percent to hit its lowest levels since March, while Ether (ETH) fell around 4 percent to just above $1,800. Other cryptocurrencies such as BNB, ADA, SOL, MATIC and ATOM also fell by 6-9 percent in the last 24 hours.

Shivam Thakral, the CEO of BuyUCoin, said, The latest development between Binance and SEC has spooked the global crypto market resulting in a bloodbath across digital assets. BTC and ETH are down by over 4 percent and 3 percent, respectively, while other popular altcoins witnessed a similar downward trend. The market will respond sharply as the Binance-SEC saga unfolds; we should brace ourselves for a choppy market in the coming weeks. Regulatory clarity is the need of the hour for the global crypto ecosystem.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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Cryptocurrency Price Today: Bitcoin Dips Below $26,000 For The First Time Since March - ABP Live

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NCB busts pan-India drug network that used darknet, cryptocurrency; 6 youngsters held, largest haul in 2 decades – The Tribune India

PTI

New Delhi, June 6

The Narcotics Control Bureau on Tuesday claimed to have busted a pan-India drugs trafficking network operating on the dark web with the "largest ever" seizure of 15,000 LSD blots in one operation and arrest of six people who are students and youngsters.

LSD or lysergic acid diethylamide is a synthetic chemical based-drug and is categorised as a hallucinogen.

The network, which operated in the darknet and used cryptocurrencies for payments, was spread across Poland, the Netherlands, the US and various states in India, an official said.

NCB deputy director general (northern range) Gyaneshwar Singh said that this was the "largest-ever" seizure of LSD blots in the country in a single operation.

Till now, the highest seizure of LSD was 5,000 blots by the Karnataka Police in 2021 and by the Kolkata NCB in 2022 in a single operation. LSD abuse is largely prevalent among youngsters and it can lead to serious health issues, he said.

Possession of 0.1 gram of LSD, which is the commercial quantity for the hallucinogenic drug, invites strict legal action under the Narcotics and Psychotropic Substances (NDPS) Act, an NCB officer said.

Singh said the seizure of 15,000 LSD blots is 2,500 times the commercial quantity.

Darknet refers to the deep hidden internet platform that is used for narcotics sale, exchange of pornographic content and other illegal activities by using the secret alleys of the onion router (ToR) to stay away from the surveillance of law enforcement agencies.

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Foxconn Forecasts Big Surge For AI Server Business As It Gains From Rise Of Generative AI – Swarajya

Taiwanese tech giant Foxconn (officially known as Hon Hai Precision Industry), the world's biggest contract electronics manufacturer, has forecasted that its artificial intelligence (AI) server business will at least double in the second half of this year.

Best known for manufacturing and assembling Apple's iPhone products, Foxconn has recently moved to diversify beyond contract electronics manufacturing assembly by foraying into areas ranging from electric vehicles to semiconductors and servers.

"In 2022 alone, Hon Hai's revenue for servers reached $36 billion to obtain a 40 percent global market share," Chairman Young Liu told an annual shareholders' meeting in Taipei.

"For the second half of this year, we may have a three-digit growth, not two digits... We will continue to boost our market share for servers," Liu said.

In the first quarter, Foxconn's cloud and network products segment, which includes servers, accounted for 22% of revenue, second only to smart consumer electronics - which includes smartphones - at 56%.

AI servers made up about 20 per cent of Foxconn's total server sales last year, Liu said, adding that the company had taken advantage of solutions provided by Intel Corp, Advanced Micro Devices Inc and ARM Ltd to roll out AI servers.

Liu attributed the jump in demand to the rapid rise of generative artificial intelligence systems such as ChatGPT.

The huge surge in demand for AI servers catapulted chip designer Nvidia, albeit briefly, into the $1 trillion valuation club.

Foxconn's latest AI servers also use Nvidia chips.

In 2016, Foxconn and Nvidia formed a partnership to develop servers that offer artificial intelligence capabilities.

Foxconn has been aggressively foraying into semiconductor and EV business amid concern about its reliance on its low-margin business as an Apple supplier.

Foxconn is partnering with Infineon Technologies to develop silicon carbide (SiC) semiconductors, leveraging Infineon's automotive SiC innovations and Foxconn's expertise in automotive systems. Infineon is a world leader in power semiconductors.

It recently started trial production of a third-generation SiC semiconductor for use in electric vehicles for five clients. A 6-inch SiC wafer plant in Hsinchu acquired by it from Macronix International Co in 2021 has begun commercial production.

Foxconn also established a joint venture with Taiwanese electronics component maker Yageo in 2021 to design automotive chips, securing a foothold in front-end chipmaking.

Foxconn has set an ambitious goal of capturing at least a 5 per cent share of the global electric vehicle market by 2025, aiming to generate US$30 billion in EV sales. It will face tough competition from established players like Tesla, Volkswagen and General Motors.

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Elastics.cloud to Showcase Memory Pooling and Expansion Demonstration with MSIs CXL 1.1 Servers at Computex – EIN News

SANTA CLARA, CALIFORNIA, USA, May 30, 2023 /EINPresswire.com/ -- Elastics.cloud, a Smart Interconnect technology company focused on enabling efficient and performant composable architectures, today announced that it will be demonstrating its first-to-market rack-scale memory pooling and expansion solution with Compute Express Link (CXL) over Ethernet at Computex 2023 in partnership with MSI.

The CXL protocol provides connectivity for servers and devices and enables the sharing of memory and other resources. Addressing enterprise, cloud, fog, and edge markets, Elastics.clouds next-generation CXL-based solutions go beyond connectivity within the rack by allowing management of intra-rack and inter-rack traffic and hiding latency, driving overall system efficiency for demanding, data-intensive workloads and reducing TCO.

The demonstration at Computex 2023 will show two CXL 1.1 compliant MSI servers connected via a CXL interface over cables. Utilizing Elastics.cloud IP on FPGA, each server can access a low-latency pool of memory consisting of its own CXL-attached memory and the CXL-attached memory on the other server.

CXL is enabling the disaggregation of component resources in todays server architectures, said Elastics.cloud Founder and CEO George Apostol. Elastics.cloud delivers solutions that enable composable, rack-level architectures, resulting in greater utilization, performance, and efficiency of component resources, while bringing down the costs at scale.

The currently available memory pooling and expansion solution provides over 20x improvements in bandwidth, throughput, and latency with in-memory database workloads. Up to 100x performance improvements are expected with the upcoming ASIC solution.

Elastics.cloud will exhibit this solution with MSI at Taipei Nangang Exhibition Center, Hall 1, 4F, Booth #L0818 from 9:30am to 5:30pm from May 30 to June 2. Please stop by the booth to learn more about Elastics.cloud and to see the live demonstration.

About Elastics.cloud

Elastics.cloud, Inc. is a Smart Interconnect technology company focused on enabling efficient and performant architectures to create flexible, scalable, low latency composable systems. The company provides silicon, hardware, and software which leverages the Compute Express Link (CXL) interconnect standard to provide high-performance connectivity to a broad ecosystem of components and is first to market with CXL-enabled symmetric memory pooling.

http://www.elastics.cloud

Kishore Moturi, Sr. Director Corporate StrategyElastics.cloud+1 408-396-5962Kishore.Moturi@elastics.cloudVisit us on social media:LinkedIn

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Dell Intros New Edge, Generative AI, Cloud, Zero Trust Prods – The New Stack

At its annual Dell Technologies World conference in Las Vegas last week, Dell joined a spate of companies this year in releasing new products that address emerging needs in edge management, secure generative AI development, zero trust security and multicloud workload management. Its no surprise that these are the hottest sectors of enterprise IT products and services sales here in 2023.

New items Dell introduced include the NativeEdge platform; a partnership between itself and Nvidia to build Project Helix, a secure on-premises-based generative AI management package; Project Fort Zero, another new crack at providing an end-to-end zero trust security solution; and updates for its multicloud app-service management platform, Apex.

Dell had only a loosely coordinated edge strategy for a few years until last October when the company previewed a new development called Project Frontier, which was to result in a standalone edge operations software and hardware platform sometime in 2023.

Sometime in 2023 is now here. Project Frontier is now closed, and Dell said its replacement, dubbed NativeEdge, is the industrys only edge operations software platform delivering secure device onboarding at scale, remote management and multicloud application orchestration. Companies such as IBM, AWS, Google, HP, Microsoft, Hitachi, Oracle and several others may dispute the only claim, however. Here is Gartners most recent edge computing market report.

This is the industrys only edge operation platform that mixes up and delivers three things in parallel: secure device onboarding at scale; remote management of devices in those locations; and multicloud application orchestration to edge devices from data centers to make sure that the edge outcome end-to-end is deployed in the lifecycle, Dell SVP of Edge Solutions Gil Schneorson told reporters.

Edge operations, which make use of automated processes, are generally found in locations ranging from manufacturing floors and retail stores to remote wind turbines and long-distance hospital operating rooms.

Use cases for edge computing are growing because more organizations want to manage and secure data at the source but often have limited IT support to do it.

For example, a large manufacturer may need to automate packaging and shipping across its numerous factory sites in various geographies. This means connecting multiple technologies, such as IoT, streaming data and machine vision, which requires dedicated devices to run multiple software applications across locations. Testing and deploying infrastructure to run the applications can take months. With NativeEdge, the manufacturer can consolidate its technology stacks using existing investments and reduce the time to deploy edge assets and applications from months to weeks, Schneorson said. The platform uses automation to streamline edge operations and helps the manufacturer securely roll out new applications to all sites from a central location.

NativeEdge is designed to run any enterprise edge use case with automated deployment, Schneorson said, integrating with various Dell data center hardware nodes. NativeEdge includes built-in zero trust internal use-confidential capabilities, Schneorson said.

The NativeEdge software platform will be available in 50 countries beginning in August, the company said.

Everybody needs easier when it comes to incorporating generative AI into an enterprise system, no matter where its use is being considered. Pre-built AI data models are one major step in that direction.

Dell and Nvidia revealed that Project Helix will result in a series of full-stack solutions with technical expertise and prebuilt tools based on their own infrastructure and software. This includes a complete blueprint to help enterprises use their proprietary data and more easily deploy generative AI responsibly and accurately, Dell said.

Project Helix gives enterprises purpose-built AI models to more quickly and securely gain value from the immense amounts of data underused today, Jeff Clarke, Dell Technologies vice chairman and co-chief operating officer, said in a media advisory. With highly scalable and efficient infrastructure, enterprises can create a new wave of generative AI solutions that can reinvent their industries.

Blueprints for on-premises generative AI Project Helix will support the complete generative AI lifecycle, from infrastructure provisioning, modeling, training, fine-tuning, application development and deployment, to deploying inference and streamlining results, Dell said. The validated designs will use Dell PowerEdge servers, such as the PowerEdge XE9680 and PowerEdge R760xa, which are optimized to deliver performance for generative AI training and AI inferencing, the company said. They will combine with Nvidia H100 Tensor Core GPUs and networking to form the infrastructure backbone for these workloads.

Dell did not indicate whether the Helix models could be run optimally on other brands of servers. Dell Validated Designs based on the Project Helix initiative will be available through traditional channels and Apex flexible consumption options beginning in July.

Dell Apex software, introduced in May 2021, is designed to work across all cloud platforms, public cloud storage software, client devices and computing environments. New additions to the companys multicloud portfolio span data centers to public cloud and client devices include:

Dell, Microsoft, VMware and Red Hat platforms for specific cloud-based use cases:

Dell Apex Cloud Platform for Microsoft Azure features full-stack software integration and automated lifecycle management through Microsoft native management tools. The platform is designed for application modernization and is said to offer faster time to value of Azure based on Azure Arc-enabled infrastructure with consistent operations and governance across on-premises data centers, edge locations, and the Azure public cloud using Azure Arc.

Apex Cloud Platform for Red Hat OpenShift aims to simplify container-based application development and management, wherever applications are developed and deployed, through full stack software integration and automation with Kubernetes. Users can run containers and virtual machines side by side, natively within Kubernetes, for a wide variety of workloads including AI/ML and analytics, with broad GPU support across any hybrid cloud footprint, Dell said.

Apex Cloud Platform for VMware gives users the flexibility to deploy vSphere on a fully integrated system with Dell software-defined storage. It joins Dell Apex Private Cloud and Dell Apex Hybrid Cloud within the broader Dell Apex portfolio to offer more choices for VMware users.

This is still on the drawing and testing boards for the next year until further notice. Project Fort Zero is designed to make zero trust more available for mid-range and smaller enterprises and is engineered to provide a hardened end-to-end zero trust security solution for global organizations to protect against cyberattacks.

Fort Zero is part of an ecosystem of more than 30 technology companies and will result in a validated, advanced maturity zero trust solution within the next 12 months, Dell said. Zero trust is designed for decentralized environments, but integrating it across hundreds of point products from dozens of vendors is complex making it out of reach for most organizations, Herb Kelsey, industry CTO of government projects at Dell, told reporters. Were helping global organizations solve todays security challenges by easing integration and accelerating adoption of Zero Trust.

The fully configured Fort Zero solution will serve a variety of use cases, including on-premises data centers; remote or regional locations such as retail stores where secure, real-time analysis of customer data can deliver a competitive advantage; in the field, where a temporary implementation is needed in places with intermittent connectivity, such as airplanes or vehicles, for operational continuity.

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Google, Nvidia and Microsoft Offer What VCs Can’t – The Information

Welcome back,

Amid all the hype for generative artificial intelligence, some venture capitalists have refused to join the fray. These young companies need so much capital and so much computing resources, the VC skeptics say, that theyll have little chance of competing against Google, Amazon and other big tech companies that may soon have similar products.

Our recent reporting this week was a reminder of how the internet giants are staking out territory as investors in generative AI as well. While their interest isnt bad for investors that back the AI startups early, it makes things difficult for the late-stage firms pursuing the same rounds. Answer me this: Why would an AI startup choose a venture firm, which can offer only capital, over Google, Microsoft, AWS, Oracle or Nvidia? These companies, of course, can also write huge checksplus provide resources like cloud credits and graphics processing units.

If you want the donuts, you go to the baker, as one venture capitalist put it this week.

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Google, Nvidia and Microsoft Offer What VCs Can't - The Information

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Data Migration vs. ETL: What’s the Difference? – Datamation

When it comes to moving large volumes of data between storage locations, there are two main approaches: data migration and ETL. This article explains the differences and similarities of both methods, how they work, and the best tools on the market for each.

Data migration involves moving data from one system to another, often to upgrade or replace a legacy system. ETLwhich stands for Extract, Transform, and Loadis the process of pulling data from one or more sources, transforming it into a suitable format, and loading it into the target location. The key difference is scale. Data migration is typically used to transfer whole databases while ETL is often used for smaller datasets or parts of a database. Organizations are more likely to use data migration when replacing an outdated system, moving to the cloud, or merging with another company because it allows for better business continuity by moving all of the companys data wholesale.

At a high level, data migration is simply the process of moving a database from one storage system to another. There are several approaches, including transfering the data directly or exporting it externally and then importing it to the new system. The goal of the process is to ensure all data is retained during the move and that it remains consistent with the new systems data format.

One of the biggest challenges of data migration comes when moving it from an outdated system to a new system, which can increase the likelihood of data loss or corruption. Its important to have a migration strategy in place that takes both systems and transfer paths into consideration.

ETL is a migration process that involves extracting data from its sources, transforming it to fit the specific format of the target system, and loading it into the new system. Done in three separate steps, ETL is often used by smaller organizations or when smaller data sets are required for a hyper-specific purpose, such as annual reports or business intelligence.

The first step is data extraction, which can be done using a variety of methods from querying a database to directly reading a file. Once the data has been extracted, it may or may not need to go through a format transformation process using a series of rules and algorithms. Finally, the transformed data is imported, or loaded, into the target system.

ETLs advantage is that it allows the transfer of only specific data rather than an entire database, which can save time and resources and reduce the risk of error and inconsistencies. But the process tends to require more manual intervention than data migration and it can interrupt business continuity at times.

There are a number of tools available for data migration and ETL, each with its own strengths and weaknesseshere are a few of the most popular.

Microsoft SQL Server Migration Assistant simplifies the process of migrating data from to SQL servers. It supports a variety of database sources, such as Oracle, MySQL, and Access, as well as many data formats, including JSON, hierarchical data, spatial data, and XML data.

Kettle is Pentahos free, open-source data migration tool capable of performing ETL processes, data cleaning, and data synchronization tasks. It supports various data formats, including XML data, CSV, and JASON, and can extract data from sources ranging from SQL and NoSQL databases to APIs, applications, and web services.

Informatica PowerCenter is a comprehensive data integration solution that combines a wide range of proprietary and open-source data integration strategies and solutions. It enables companies to export, transform, and load data from a variety of sources, but its best used for real-time integration.

AWS Database Migration Service (DMS) is a cloud-based solution that facilitates the movement of data from old systems to the AWS cloud. It supports a variety of database sources, including Oracle, SQL Servers, MySQL, and PostgreSQL. Also, as a fully-managed service, it ensures minimal downtime and continuous replication as well as automation of scalable features.

Talend Open Studio is a free and open-source data integration tool that combines various data and application integration services, such as ETL, data quality, data profiling, and MDM (Master Data Management). It supports a wide range of data formats and can be used for batch and real-time data migration and integration.

Quest Migration Manager is a data migration and consolidation solution that facilitates and automates the process of moving data for active directories. Its best used for the migration and restructuring of user accounts, data, and systems with a minimal impact on business continuity.

While data migration and ETL may seem identical at first glance, there are a number of differences between the two approaches that better suit them for different tasks. Data migration is a good fit for moving entire databases, while ETL works best for limited or specific data sets. Choosing the right method depends on the volume of the data, the type of migration, and whether the data needs to be reformatted for the new database.

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Data Migration vs. ETL: What's the Difference? - Datamation

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Miss the Huge AI Rally? 7 Dividend Tech Stocks to Help Catch the Rest of the Run – 24/7 Wall St.

While on the surface it appears that the stock market has had an incredible first five months, especially compared with 2022, in reality it has just been a handful of stocks that have lifted the Nasdaq up a stunning 25% and the S&P 500 up almost 10%. Just to prove how narrow the rally has been, the venerable Dow Jones industrials were actually down 0.13% in 2023 as of Fridays close.

So what are growth stock investors to do? Chase the rally that has been driven by the innovations in artificial intelligence? There is always a chance it continues higher, but with Nvidias market cap over $1 trillion after Tuesdays close, it looks as though much of the money has been made.

We screened our 24/7 Wall St. technology universe looking for stocks that still have upside from current levels and are rated Buy but also come with dependable dividends. That way, if the rally stalls, there is a reason to hold on to these quality, and in some cases, old-school names.

It is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.

Investors who are more conservative may want to consider this mega-cap tech leader, which recently posted outstanding quarterly results. Cisco Systems Inc. (NASDAQ: CSCO) designs, manufactures and sells internet protocol (IP) based networking products and services related to the communications and information technology industry worldwide.

Cisco provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points and servers, as well as next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice and video applications.

Its cybersecurity products give clients the scope, scale and capabilities to keep up with the complexity and volume of threats. Putting security above everything helps corporations innovate while keeping their assets safe.

The networking giant posted solid fiscal first-quarter results that beat earnings expectations, and it offered up strong forward guidance.

Investors receive a 3.13% dividend. Credit Suisse has a $69 target price on Cisco Systems stock, while the consensus target is $56.28 and Tuesdays closing share price was $50.17.

This company continues to be a huge player in the fiber optic world.Corning Inc. (NYSE: GLW) is a technology pioneer that manufactures LCD glass for flat-panel displays for multiple product lines.Telecommunications (30% of Cornings sales) produces optical fiber and cable, component hardware and equipment, and photonic components for the telecommunications, CATV and networking industry. In addition, the companys Environmental Technologies division (12% of sales) produces specialized glass, glass ceramic and polymer-based products for the automotive industry.

Shareholders receive a 3.55% dividend. J.P. Morgans price target is $40, and Corning stock has a consensus target of $37.00. The shares closed on Tuesday at $31.16 apiece.

This high-quality company pays a solid dividend, but its shares have been hit hard. Dell Technologies Inc. (NYSE: DELL) designs, develops, manufactures, markets, sells and supports information technology (IT) hardware, software and services solutions worldwide. It operates through three segments.

Infrastructure Solutions Group provides traditional and next-generation storage solutions, and rack, blade, tower and hyperscale servers. It also offers networking products and services that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences and accelerate business applications and processes. It also offers attached software and peripherals, as well as support and deployment, configuration and extended warranty services.

The Client Solutions Group offers desktops, notebooks and workstations; displays and projectors; attached and third-party software and peripherals; as well as support and deployment, configuration and extended warranty services.

The VMware segment supports customers in the areas of hybrid and multi-cloud, modern applications, networking, security and digital workspaces, helping customers to manage IT resources across private clouds and complex multi-cloud, multi-device environments.

Dell also provides information security and cloud software and infrastructure-as-a-service solutions that enable customers to migrate, run, and manage mission-critical applications in cloud-based IT environments.

Dell Technologies stock comes with a 3.08% dividend. Credit Suisse has set a $50 price target. The consensus target is $48.67, and Tuesdays final trade was for $47.32 a share.

This blue chip giant still offers investors who are more conservative an incredibly solid entry point, a massive dividend and a degree of safety. International Business Machines Corp. (NYSE: IBM) provides integrated solutions and services worldwide through the following four business segments.IBMs Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data and identity. This segment also provides transaction processing software that supports clients mission-critical and on-premise workloads in banking, airlines and retail industries.

The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services.

The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment.

The Financing segment offers lease, installment payment, loan financing and short-term working capital financing services.

The dividend yield here is 5.15%. The $158 Stifel price target is well above the $140.79 consensus target, and IBM stock closed on Tuesday at $129.48.

This is another familiar name that could offer among the best in total return potential. Juniper Networks Inc. (NYSE: JNPR) designs, develops and sells network products and services worldwide. The company offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; and NorthStar controllers.

Juniper Networks also provides switching products, including EX series Ethernet switches to address the access, aggregation and core layer switching requirements of micro branch, branch office, and campus environments; QFX series of core, spine and top-of-rack data center switches; and Juniper access points, which provide wireless access and performance.

In addition, the company offers security products including SRX series services gateways for the data center; Branch SRX family provides an integrated firewall and next-generation firewall; virtual firewall that delivers various features of physical firewalls; and advanced malware protection, a cloud-based service and Juniper ATP.

Juniper Networks stock investors receive a 2.89% dividend. The J.P. Morgan price target is $42. The posted consensus target is $35.74. On Tuesday, shares closed at $30.69.

Seagate

This disk drive giant looks reasonable at current trading levels.Seagate Technology Holdings PLC (NASDAQ: STX) provides data storage technology and solutions in Singapore, the United States, the Netherlands and elsewhere.

The company offers hard disk and solid-state drives, including serial advanced technology attachment, serial attached SCSI and non-volatile memory express products; solid-state hybrid drives; and storage subsystems. Its products are used in enterprise servers and storage systems and edge compute and non-compute applications.

Seagate also provides an enterprise data solutions portfolio, comprising storage subsystems and mass capacity optimized private cloud storage solutions for enterprises, cloud service providers and scale-out storage servers and original equipment manufacturers. In addition, it offers external storage solutions under the Seagate Backup Plus and Expansion product lines, as well as under the LaCie and Maxtor brands in capacities up to 16 terabytes.

Shareholders enjoy a 4.66% dividend. Seagate Technology stock has an $82 price target at Mizuho Securities. The $62.83 consensus target is much closer to the most recent close at $61.00 a share.

This old-school semiconductor company offers solid value at current levels and is a great pick for investors who are more conservative. Texas Instruments Inc. (NASDAQ: TXN) is a broad-based supplier of semiconductor components, ranging from digital signal processors to high-performance analog components, to digital light-processing technology and calculators.

Some 65% of the companys sales are exposed to the well-diversified, business-to-business industrial, automotive, communications infrastructure and enterprise markets. While business from those sectors, especially automotive, could suffer in the near term, the analyst feels the solid dividend should support the shares.

The company is also a big Apple supplier, so the long-term outlook for this venerable leader makes it a safer bet for investors with less risk tolerance.

Investors receive a 2.81% dividend. BMO Capital Markets has a $215 price target. The consensus target is $180.82, and Texas Instruments stock closed at $176.55 on Tuesday.

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Miss the Huge AI Rally? 7 Dividend Tech Stocks to Help Catch the Rest of the Run - 24/7 Wall St.

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