Month: May 2024
ICQ is shutting down after almost 28 years
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MIT professor hoses down predictions AI will put a rocket under the economy
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Web-hosting startup Hostinger hit €110M revenue in 2023, praises AI for 57% growth
Web-hosting platform Hostinger today announced a 57% year-on-year growth of its consolidated revenue, reaching €110.2mn in 2023 — surpassing the €100mn milestone for the first time since its founding in 2004. This was also Hostinger’s first year of EBITDA profitability. The Lithuanian company reached € 2.4mn in EBITDA profit, while maintaining positive cash flow. Born in Vilnius, Hostinger helps its customers scale their online activity, offering products and services for use cases spanning from portfolio websites to blogs and e-shops. According to the company, a major factor behind last year’s financial landmarks is the adoption of AI across its hosting, e-commerce, and…This story continues at The Next Web
Web-hosting platform Hostinger today announced a 57% year-on-year growth of its consolidated revenue, reaching €110.2mn in 2023 — surpassing the €100mn milestone for the first time since its founding in 2004. This was also Hostinger’s first year of EBITDA profitability. The Lithuanian company reached € 2.4mn in EBITDA profit, while maintaining positive cash flow. Born in Vilnius, Hostinger helps its customers scale their online activity, offering products and services for use cases spanning from portfolio websites to blogs and e-shops. According to the company, a major factor behind last year’s financial landmarks is the adoption of AI across its hosting, e-commerce, and…
This story continues at The Next Web
PayPal Adds Stablecoin To Solana Blockchain
Last August, PayPal became the first major financial company to roll out a stablecoin. Labeled PayPal USD, or PYUSD, the coin was issued on the Ethereum blockchain and “fully backed by U.S. dollar deposits, short-term Treasuries and similar cash equivalents.” Now, the financial company is adding Solana as an option, “making PayPal’s stablecoin faster and cheaper to use.”
“The Solana blockchain is known for processing massive amounts of transactions at high speeds with extremely low costs, providing significant benefits for commerce use cases,” says the company in a press release. “As the most used blockchain for stablecoin transfers, according to data from blockchain analytics platform Artemis, Solana has emerged as the leading blockchain to run tokenized transactions and is ideal for PYUSD as it continues to be used for payment use cases.”
Read more of this story at Slashdot.
Last August, PayPal became the first major financial company to roll out a stablecoin. Labeled PayPal USD, or PYUSD, the coin was issued on the Ethereum blockchain and “fully backed by U.S. dollar deposits, short-term Treasuries and similar cash equivalents.” Now, the financial company is adding Solana as an option, “making PayPal’s stablecoin faster and cheaper to use.”
“The Solana blockchain is known for processing massive amounts of transactions at high speeds with extremely low costs, providing significant benefits for commerce use cases,” says the company in a press release. “As the most used blockchain for stablecoin transfers, according to data from blockchain analytics platform Artemis, Solana has emerged as the leading blockchain to run tokenized transactions and is ideal for PYUSD as it continues to be used for payment use cases.”
Read more of this story at Slashdot.
Hostinger become the world’s fastest growing web hosting company
Hostinger’s growth make them the 5th largest web hosting company in the world
Lithuanian web hosting company Hostinger grew by 57% with revenues of €110.2 million in 2023 and a positive EBITDA according to the latest earnings report. This makes Hostinger the 5th largest web hosting company by market share, overtaking many competitors including GoDaddy.
Daugirdas Jankus, CEO of Hostinger, said: “Each year, we are growing rapidly towards our ambitious goal of becoming the world’s No. 1 web hosting business. 2023 was no exception when we steadily grew our results. While we may look like a big business in our region, we still have a long way to go in the global market. We will continue to compete for the best talent, learn fast, and apply our knowledge to develop competitive products.”
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Hostinger also say they have made many behind the scenes updates improving speed with kernel-based virtual machine virtualisation for VPS hosting and an in-house CDN network plus other optimizations improving client experience.
We asked Hostinger what aspects have had a significant impact on making their hosting service so popular and they told us: “During recent years, Hostinger has put a huge focus on improving the customer experience and making website creation easy for everyone. According to data, this also decreased the Customer Support load by two times. Less than 1% of Hostinger’s clients seek assistance today.” – Saulius Lazaravicius, VP of Product.
Hostinger increase web hosting market share by 1.4%
As of May 2024, Hostinger has over 2.42 million customers in over 150 countries with a global market share of 2.8%, up from 1.4% in May 2023 (sourced from w3techs.com). The most active users are from India, Brazil, USA, Indonesia, and France while users in the United Kingdom, Spain, Pakistan, Mexico, and Colombia feature in the top 10.
Over the last year, Shopify has also had large gains overtaking Newfold Digital Group (BlueHost, Hostgator) as the second largest web host by market share with Amazon in first place holding 5.7% and Newfold Digital Group losing 0.7% in the same period.
We can see why Hostinger is growing as they make web hosting easy for those wanting to have their own website but don’t want to be locked in with one website builder like Wix or Squarespace. We rank them first on our best web hosting guide for their ease of use and also highly rank their VPS offerings for their value for money.
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Four arrested in sprawling European sting on malware network
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High-cap Meme Coins Dogecoin and Shiba Inu Saturated? Investors Are Jumping Ship to Oracle Meme
Oracle Meme ($OMEME) is a new meme coin with AI superpowers. Rather than confining itself to the speculative charm of… Continue reading High-cap Meme Coins Dogecoin and Shiba Inu Saturated? Investors Are Jumping Ship to Oracle Meme
The post High-cap Meme Coins Dogecoin and Shiba Inu Saturated? Investors Are Jumping Ship to Oracle Meme appeared first on ReadWrite.
Oracle Meme ($OMEME) is a new meme coin with AI superpowers.
Rather than confining itself to the speculative charm of meme coins, Oracle Meme is coming with a Meme AI Generator, Meme Coin Generator, Meme Layer-2 Network, Meme Wallet, and Meme Launchpad. With the token now launched as a presale, the FOMO around it is high, hinting at a pump that will happen once it gets listed on exchanges.The community interest is similar to that of Shiba Inu and Pepe in their early days.
Have Dogecoin and Shiba Inu Saturated?
Dogecoin and Shiba Inu rank the highest on the meme coin list. They boast massive market caps of $20B and $13B, respectively.
To the outside world, their size may come across as shocking. But in the crypto market, meme coins are one of the most popular niches. For those who know how to handle them, they can be incredibly rewarding. And for those who don’t, they can be trouble.
Investors late to the Dogecoin and Shiba Inu party are now in a similar dilemma. While both DOGE and SHIB have recorded substantial growth early this year, they have been descending the charts for the last few weeks.
Shiba Inu price action, source: CoinMarketCap
The broader picture is even more disappointing.
Since Oct 28, 2021, Shiba Inu has recorded a 73.51% decline from its all-time high. For Dogecoin, the number is even worse, at 80.51%.
The long-term picture reveals that these meme coins have saturated. Their large initial market caps stand in the way of their growth. New investors expecting similar explosive growth are bound to be disappointed.
While it’s unrealistic to expect Dogecoin and Shiba Inu to give returns in 6-digit ROIs again, they will continue to give attractive returns for strategic traders. After all, they rank first and second on the meme coin chart for a reason.
But they are highly volatile, and thus prone to heavy losses for those who don’t have clear entry and exit points mapped out.
Why Investors Are Jumping Ship to Oracle Meme
Investors are increasingly adding low-cap meme coins like Oracle Meme to their portfolios this month. With interesting new themes and narratives, these meme coins show large growth potential.
For example, Oracle Meme ($OMEME) combines AI and meme coin elements.
Conventional meme coins like Dogecoin and Shiba Inu primarily rely on speculative trading. Oracle Meme, on the other hand, is building a solid foundation for its long-term demand and price action based on market-relevant utilities.
Here’s a glimpse of the Oracle Meme ecosystem:
Meme AI Generator: Streamlined meme creation through AI-generated suggestions, customizable options, and easy sharing capabilities.
Meme Coin Generator: Effortlessly create personalized meme coins with no technical expertise.
Meme Layer-2 Network: A scalable, efficient network facilitating swift, cost-effective transactions across Oracle Meme and its partner platforms.
Meme Wallet: A fun, safe wallet dedicated to meme coins.
Meme Launchpad: Frictionless launches for new meme coins. Early investment opportunities in the presale launches will be available for $OMEME token holders.
More products aligned with evolving market trends will be launched in the future. Democratizing Meme Coins For Creators, Investors, and Users
$OMEME tokenomics is meticulously designed for long-term price action and growth.
In the presale phase, investors can stake their tokens and earn attractive rewards, laying the foundation for community involvement from the outset.
10 billion tokens, representing 20% of the total supply, are allocated to staking rewards. It mitigates the risks associated with pump-and-dump schemes commonly seen in the meme coin market.
40% out of the capped 50 billion tokens, is earmarked for the presale phase. Money raised in the presale will be used for project development, marketing initiatives, and liquidity.
After the TGE and exchange launch, $OMEME tokens will be used for a wide range of utilities, from staking to microtransactions, governance, and tipping.
Through external integration, it may be used in gaming and decentralized finance (DeFi) as well. The vision is to diversify the utility of the token across diverse domains, thus strengthening its price action.
To learn more about the utilities and integration, check out the Oracle Meme white paper.
$OMEME Presale Launches on May 27, 2024
The presale presents the early investment gateway to $OMEME.
The token has started being sold off at discounted prices in the presale, allowing investors to get an attractive entry point into the project.
With the token now live, the $OMEME community is experiencing steady growth, mirroring the trajectories of successful meme coins like Shiba Inu and Pepe.
The trend underscores the project’s speculative potential. The residual FOMO from the presale phase can potentially propel $OMEME up the price charts on its CEX and DEX launches.
The AI integration of the project, in particular, is an excellent catalyst for price pumps. But $OMEME is expected to reward long-term investors with exponential returns due to its utility foundation.
The post High-cap Meme Coins Dogecoin and Shiba Inu Saturated? Investors Are Jumping Ship to Oracle Meme appeared first on ReadWrite.
Google makes it easier to multi-task with minimized in-app Chrome tabs
Sometimes, having to open a link from within another app on mobile could be disruptive and take you away from the task you were trying to accomplish. Now an update for Chrome could help keep you focused with the task at hand. When you click on a link within Gmail, for instance, and open a Chrome tab within the app, you can tap on the chevron icon in the toolbar right next to the “x” or the close button to minimize the browser. That turns the open tab into a compact, floating picture-in-picture window that you can drag anywhere on the screen.
You can keep it minimized while you use the original app, and the moment you’re ready to look at its contents, you only have to tap the floating window to restore the tab to its original size. We were already able to use the new feature on Android within Gmail. You’ll also be able to take advantage of it soon if you don’t have it yet, as long as your default browser is Chrome and you keep it updated. The feature is even enabled by default, so you don’t have to do anything to switch it on. Of course, you can always send an in-app tab to the Chrome browser if keeping different tasks open in separate windows makes you more productive.
This article originally appeared on Engadget at https://www.engadget.com/google-makes-it-easier-to-multi-task-with-minimized-in-app-chrome-tabs-060209780.html?src=rss
Sometimes, having to open a link from within another app on mobile could be disruptive and take you away from the task you were trying to accomplish. Now an update for Chrome could help keep you focused with the task at hand. When you click on a link within Gmail, for instance, and open a Chrome tab within the app, you can tap on the chevron icon in the toolbar right next to the “x” or the close button to minimize the browser. That turns the open tab into a compact, floating picture-in-picture window that you can drag anywhere on the screen.
You can keep it minimized while you use the original app, and the moment you’re ready to look at its contents, you only have to tap the floating window to restore the tab to its original size. We were already able to use the new feature on Android within Gmail. You’ll also be able to take advantage of it soon if you don’t have it yet, as long as your default browser is Chrome and you keep it updated. The feature is even enabled by default, so you don’t have to do anything to switch it on. Of course, you can always send an in-app tab to the Chrome browser if keeping different tasks open in separate windows makes you more productive.
This article originally appeared on Engadget at https://www.engadget.com/google-makes-it-easier-to-multi-task-with-minimized-in-app-chrome-tabs-060209780.html?src=rss