Episode 683 July 17, 2010

This Week in Tech News

NFTs Worth Billions in the Virtual Market

February 28, 2021

NFTs, or non-fungible tokens, enable users to buy things online like digital video assets in games, video clips, and other virtual products. Sales using NFTs have been in the billions for video games alone. It's like digital currency akin to bitcoin, and Leo thinks it could be the new investment frontier.

Mississippi Funnels Stimulus Money into Building Rural Internet

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February 27, 2021

Taking advantage of over 1.2 billion in stimulus grants, the state of Mississippi funneled a portion of the funds to create broadband internet access in the rural areas of the state. Leo says that will create co-ops that will benefit every from the individual to the business. A good use for the funds.

Rooma Robotic Cleaners Running Drunkenly After Update

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February 27, 2021

A recent update to the firmware of Roomba robotic sweepers have rendered them aimless, as they run around to clean in strange patterns and struggle to return back home to their docks. Here's a video.

Electronics Retailer Fry's To Close Doors

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February 27, 2021

Citing the Covid-19 pandemic and a changing business landscape, electronics retailer Fry's has announced it will be closing down. The drawdown has begun this week and after 36 years, the retailer will close forever.

Crypto Currency Continues to Rise in Value

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February 21, 2021

CryptoCurrency continues to rise in value as more people seek to acquire it and use it to pay for goods and services. Currently, BitCoin's value is over $55,000 as of 2/21. Leo says that bitcoin miners will only be able to generate 21 million bitcoin before it comes to an end as far as BitCoin is concerned. And the closer users get to that amount, the harder it will be to mine bitcoin, which is achieved by solving complicated mathematical problems. But that isn't stopping bitcoin miners from trying. In fact, Nvidia is limiting the performance of their RTX graphics cards to 50% to discourage bitcoin miners from buying up all the video cards so that gamers can have a chance at building their gaming pcs.