The largest cryptocurrency was last up 2.5per cent at $37,250 after earlier dropping to $32,951, its lowest price since July 23. That took losses from its all-time high of $69,000 hit in November past 50per cent.
The Meta platform has asked a federal court to block the Federal Trade Commission's attempt to impose new sanctions for alleged privacy violations, decrying a legal battle that has reopened years of accusations against the big tech company. The FTC said in a statement last month that Meta violated privacy rules it agreed to in 2019. Meta has been under investigation by the FTC since 2012 over the privacy of its users. The company settled with the FTC in 2019, paying a $5 billion ($6.665 billion) penalty and agreeing to strengthen its privacy practices. The settlement was finalized in 2020. However, the FTC said Meta violated the rules again and should be held accountable.
Foldable phones have been around for a few years, but their high prices have kept consumers away. Smartphone manufacturers have also been reluctant to enter this market, but this summer is expected to bring a seismic shift in the foldable phone market. Motorola and Google are entering the foldable phone market, which has been dominated by Samsung. In particular, Motorola's new Razr, which boasts a large cover screen, is about to be released.
Apple will hold its annual developer event, Worldwide Developers Conference (WWDC) 2023, next month, where it will announce a new operating system (OS). The industry is eagerly awaiting the first look at the rumored mixed reality (MR) headset. Apple is also expected to showcase iOS 17, iPad OS, macOS, TvOS, WatchOS, and more during WWDC.
Apple's iPhone 15 series design leaks preview the biggest visual changes. US tech publication MacRumors has released mockups of the entire iPhone series, including the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max. The USB-C port and rounded edges instead of a Lightning port are the most notable changes, and the company says they feel more comfortable in the hand.