Tech updates for 3rd week of June 2022

Tech updates for 3rd week of June 2022

Latest trending news about Internet Explorer, Dogecoin, Cryptocurrency, Photoshop, and Google news

So long, Internet Explorer. Finally, the browser is retiring.

On June 15, 2022, Microsoft stopped supporting Internet Explorer. The 27-year-old browser has now gone the way of BlackBerry phones, dial-up modems, and Palm Pilots. In 1995, Microsoft published the first version of Internet Explorer, ushering in a bygone era of online surfing dominated by Netscape Navigator, the first widely used browser. Its release marked the beginning of the end for Navigator: Microsoft moved on to fully integrate IE with its widely used Windows operating system, to the point where many people simply used it by default instead of Navigator. Users complained that Internet Explorer was slow, prone to crashing, and hackable.

All cryptocurrency exchanges have halted cryptocurrency transactions due to a market meltdown.

The cryptocurrency market's worldwide market capitalization has dropped below $1 trillion, to $977 billion. Bitcoin, the most popular cryptocurrency, has dropped more than 10% since Monday, reaching an 18-month low of $22,345. Celsius Network, a decentralized finance platform, declared on Sunday that all cryptocurrency transactions had been halted due to "extreme market conditions." Binance, a cryptocurrency exchange, stated on Monday that Bitcoin withdrawals have been halted "due to a stalled transaction producing a backlog."

Adobe is planning to release a free web version of Photoshop.

Users may soon be able to download a free version of Photoshop from Adobe. According to reports, the company is running free trials for the web version and plans to make the service available for free. According to a report from The Verge, Adobe intends to label this service "freemium." "I want to see Photoshop meet customers where they are now," Maria Yap, Adobe's VP of digital photography, stated. Users in India can currently sign up for a 7-day free trial, after which they will be charged Rs 1,675.60 per month. There is currently no indication of whether the "freemium" version would be available in India.

A Russian court has fined Google $260,000 for violating data privacy laws.

Google was fined 15 million roubles ($260,000) by a Moscow court for violating a Russian legislation compelling internet companies to localise user data. Access to Twitter and Meta Platforms Inc's biggest social networks, Facebook and Instagram, has been banned in Russia, but Google and its YouTube video hosting service remain accessible for the time being.

Elon Musk is being sued for $258 billion for allegedly running a Dogecoin pyramid scheme.

Elon Musk, the CEO of Tesla and SpaceX, is being sued by a Dogecoin investor for $258 billion (approximately Rs. 20,13,831 crore) for allegedly running a pyramid scheme to support the cryptocurrency. Keith Johnson accused Musk, electric car company Tesla, and space tourism company SpaceX of racketeering in a case filed in federal court in Manhattan. Warren Buffett, Bill Gates, and others have questioned the worth of Bitcoin, according to the complaint.


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