How to Use Binary Option’s News Trading Strategy in 2023

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May 5, 2023

The news trading strategy is a binary options trading strategy that involves using economic or corporate news events to place trades. This strategy requires traders to monitor news feeds and economic calendars to identify upcoming events that could impact the market. Once a significant news event is identified, traders can place trades based on how they anticipate the market will react to the news.

For example, if a company is set to release earnings reports, traders may anticipate that the company will outperform or underperform expectations. Based on this anticipation, traders can place trades accordingly, such as purchasing call options if they expect the company to outperform, or purchasing put options if they expect the company to underperform.

It is important to note that news events can cause significant volatility in the market, and the reaction of the market may not always be predictable. Traders using this strategy should ensure they have a solid understanding of the news event they are trading on and consider using risk management techniques such as setting stop-loss orders.

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Importance of monitoring economic and corporate news events

Monitoring economic and corporate news events is crucial for traders who use a news trading strategy in binary options trading. Economic news events, such as interest rate announcements, GDP releases, and employment reports, can have a significant impact on the financial markets, including the currency, commodity, and stock markets.

Similarly, corporate news events, such as earnings reports and mergers and acquisitions, can have a significant impact on the stock prices of the companies involved and can also affect the broader stock market.

By monitoring these news events, traders can identify potential trading opportunities and make informed decisions about when to enter or exit trades. They can also adjust their trading strategy and risk management techniques based on the expected impact of the news event on the markets.

It’s important for traders to use reputable sources of news and to stay up to date with the latest developments in the global economy and corporate world. Traders should also be aware that news events can be unpredictable and can sometimes result in unexpected market movements, so they should always use risk management techniques such as setting stop-loss orders and limiting their investments to a small percentage of their account balance.

Examples of how to use the strategy

Sure, here are a few examples of how a trader might use the news trading strategy:

Suppose a trader is monitoring economic news and sees that the US Federal Reserve is set to announce its interest rate decision. The trader expects the Fed to raise rates, which could strengthen the US dollar. The trader could place a “call” option on the USD/JPY currency pair, betting that the US dollar will rise against the Japanese yen.
Suppose a trader is monitoring corporate news and sees that Apple is set to release its quarterly earnings report. The trader expects Apple’s earnings to be better than expected, which could boost the company’s stock price. The trader could place a “call” option on Apple’s stock, betting that the stock price will rise after the earnings report is released.
Suppose a trader is monitoring political news and sees that a major trade deal between the US and China is in jeopardy due to rising tensions between the two countries. The trader expects this news to weigh on the global economy, which could lead to a decline in commodity prices. The trader could place a “put” option on a commodity such as crude oil or gold, betting that the price of the commodity will fall due to the negative news.

It’s important for traders to remember that news trading can be risky and unpredictable, as the market’s reaction to news events can be difficult to predict. Traders should always do their research and use risk management techniques such as setting stop-loss orders and limiting their investments to a small percentage of their account balance.

Mozilla Acquires Fakespot to Help Users Spot Fake Reviews

By

Adwaith

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May 4, 2023

Mozilla recently acquired Fakespot, an organisation that utilises artificial intelligence and machine learning to assist customers in identifying fake or untrustworthy reviews on online marketplaces such as Amazon, Yelp, and TripAdvisor.

Fakespot’s technology detects patterns and similarities between reviews, providing a rating or grade for the product’s reviews to help consumers make more informed decisions when making a purchase. The deal’s financial specifics were not disclosed.

Fakespot, which was founded in 2016, will continue to operate on all major online browsers and mobile devices. According to Mozilla Chief Product Officer Steve Teixeira, the Mozilla team will spend on improving the Fakespot experience for its many devoted consumers.

Including Fakespot’s capabilities will provide Firefox users with the greatest tools for sorting through false reviews and shopping with the assurance that what they’re buying is high-quality and real. Mozilla claims it will gradually add Fakespot capability to Firefox.

With more people utilising AI chatbots to produce fake product reviews, spotting fake reviews is expected to grow more difficult in the future. However, Mozilla is committed to building trustworthy AI and recently launched a new AI-focused startup called Mozilla.ai, according to Mark Surman, the executive president of Mozilla and the head of Mozilla.ai.

The acquisition of Fakespot by Mozilla will give consumers a trustworthy purchasing tool that will aid in the improvement of the e-commerce experience. As the task of detecting fake reviews becomes more challenging, Mozilla’s commitment to building trustworthy AI could help consumers shop with more confidence in the future.

Google Rolls Out Passkey Support for Safer and Easier Sign-Ins

By

Bhasker Das

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May 4, 2023

Google has announced the rollout of passkey support for signing in to Google accounts on World Password Day, a move that will make using Google services easier and safer. Passkey is a safer and more convenient alternative to passwords, promoted by tech companies in the FIDO Alliance, and device-specific biometrics such as fingerprints and Face IDs.

To set a passkey for your Google account, you can access the passkey setting page in your Google account settings. Admins who set up Google accounts for their employees will soon be able to set passkeys for those employees as well. Google account passkeys are stored on compatible hardware and are shared with services like iCloud and 1Password.

When you add a passkey to your Google account, the platform will ask for it when you login in or when it detects potentially suspicious behaviour that necessitates further authentication. However, Google points out that anyone who can access and unlock the device can access the Google account, so it is important not to create passkeys on shared devices.

If you think someone else has access to your account, or if you lose the only device on which you saved your passkey, you can immediately revoke your passkey from your Google account settings. Google is urging users to transition to passkeys, and if passkeys become more widely accepted and familiar, it is planning to eventually move entirely to passkeys.

Passkey is a next-generation standard authentication method that does not use passwords, making signing in to Google accounts safer and more convenient. With passkey support, Google users can enjoy better security and a simpler authentication process. As passkeys become more widely adopted, they are likely to become the preferred authentication method for many services.

Apple Urges London Court to Block $2 Billion Class Action Lawsuit Over Battery Issues in iPhones

By

Vishak

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May 4, 2023

Apple has been facing a $2 billion class-action lawsuit in London that accuses the company of using substandard batteries, intentionally slowing down older iPhones, and draining batteries faster through an update to the iOS software platform. The legal action was brought by Justin Gutmann, the head of consumer advocacy, on behalf of iPhone users in the UK.

Apple has refuted the claims and referred to the complaint as “baseless.” Except for a few iPhone 6s devices, which received free battery replacements, the business asserts that its iPhone batteries were not damaged. Apple also argues that the power management update introduced in 2017 only slowed the performance of the iPhone 6 by an average of 10%.

Gutmann’s lawyers allege that Apple hid battery problems in some phone models and secretly installed a power management tool that limited smartphone performance. They cited Apple’s 2020 US class action settlement agreements and US state regulatory lawsuits over iPhone battery issues as evidence that Apple did not claim there were no such problems. In 2019, Apple pledged to be “more open” with iPhone users about battery health before the UK regulator.

The case is ongoing, and Gutmann has asked the London Competition Court of Appeal to certify it and take it to court. Apple is asking the court to block the lawsuit, arguing that not all batteries can provide the peak power required under all circumstances and at all times, which is the case for all battery-powered devices.

Apple agreed to pay $500 million in a class-action lawsuit settlement in the United States in 2020 after the corporation was accused of slowing down older iPhone models. The settlement required Apple to pay between $25 to $500 to affected iPhone owners. Apple also promised to be more transparent about iPhone battery health and performance.

The outcome of the London lawsuit is unknown, but it shows the continuous conflict between customers and technology companies over product performance and transparency. Companies must be upfront about their products’ performance and any possible risks as consumers become more reliant on technology.

Apple’s New High-Yield Savings Account Attracts $1 Billion in Just Four Days

By

Avinash A

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May 4, 2023

Apple’s foray into the financial industry has been a big success, with the tech giant’s new high-yield savings account attracting nearly $1 billion in just four days, according to anonymous sources cited by Forbes. The Apple Card Savings Account, which is operated by Goldman Sachs, offers an annual percentage yield (APY) of 4.15% to Apple Cardholders in the United States.

Despite not being the highest-yielding savings account on the market, the convenience of the account, which is only available to Apple Card users, seems to have contributed to its popularity. Within the first week of availability, approximately 240,000 accounts were created.

While Apple and Goldman Sachs have not disclosed the actual number of accounts created, the initial success is remarkable given the current economic climate, where banks are struggling and competing to retain deposits.

The partnership between Apple and Goldman Sachs, which began in 2019, has seen the two companies launch a credit card, personal loans, and now a savings account. With the Apple Card Savings Account’s initial success, it will be interesting to see how the partnership develops and what other financial products the companies may offer in the future.

Researchers Develop World’s First Wooden Electric Transistor for Sustainable Technology

By

Adwaith

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May 3, 2023

Researchers at Linköping University and KTH Royal Institute of Technology have developed the world’s first wooden electric transistor. This breakthrough could revolutionize the electronics industry in terms of efficiency and sustainability.

Although wooden transistors have been attempted before, previous experiments could only modulate the transport of ions. The new transistors can function continuously and regulate the flow of electricity without degradation.

The researchers achieved this by using balsa wood with a uniform structure throughout, where they removed the lignin, leaving only long cellulose fibres with grooves. They then filled the grooves with a conductive plastic called PEDOT: PSS, creating a conductive wood. The resulting transistor regulates current and functions continuously at a selected output level.

The new wooden transistor takes about 1 second to switch off and 5 seconds to switch on. Although the channel of the final transistor is large, the researchers say this is an advantage, as it can withstand higher currents than ordinary organic transistors, which could be important in certain future applications.

This breakthrough offers a sustainable and eco-friendly alternative to traditional transistor materials. Wood is a renewable resource, and this development could lead to a new wave of sustainable electronics. The research could also lead to further advances in the field of organic electronics.

This development could also significantly impact the electronics industry, which is known for generating a large amount of electronic waste. The traditional materials used in electronics, such as metals and plastics, are non-renewable and non-biodegradable. Using wooden transistors could reduce the environmental impact of the electronics industry.

Microsoft Prepares to Develop its own Arm Chip to Compete with Apple Silicon MacBook

By

Avinash A

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May 3, 2023

Microsoft is taking a cue from Apple by working on its own custom silicon and preparing for Windows 12 optimized for Arm chips.

In recent years, Microsoft has been trying to replicate Apple’s success by developing its own PC lineup called the “Surface” series. However, one of the defining elements of today’s Macs is Apple Silicon SoCs, which Microsoft is now also working on.

According to Windows Latest, Microsoft has posted job listings on its website for key positions related to chip manufacturing. This includes hiring a Principal SoC Silicon Architect responsible for building complex, state-of-the-art SOCs using key silicon technology nodes. Another job listing was for a Senior Silicon Power Integrity CAD Manager. The postings appear to have been part of the “Microsoft Silicon Team,” a group of engineers who develop silicon components internally.

Microsoft’s Windows 12 is part of the Windows Core project, which is expected to create a modular version of Windows that works across multiple form factors. Hiring engineers specializing in Arm chips shows a more aggressive stance to make Windows 12 run as well as possible on Arm chips, further strengthening Microsoft’s prospects of using its own silicon.

One of the benefits of using an in-house Arm chip is the ability to support various AI functions, which can be promoted from the hardware side as well. Microsoft’s silicon team has already worked on Azure, Xbox, Surface, and HoloLens designs, and they could also work on Arm-based processors if Microsoft chooses a chip of its own design.

In recent years, Apple has made significant strides by offering performance that set it apart from previous Intel chips and Windows notebook PCs in terms of power and especially efficiency. By developing its own custom silicon and preparing for Windows 12 optimized for Arm chips, Microsoft is hoping to catch up with Apple’s success.

In conclusion, Microsoft’s move towards creating its own custom silicon and preparing for Windows 12 optimized for Arm chips is an aggressive step towards replicating Apple’s success. With the hiring of key personnel and the development of the Windows Core project, Microsoft is hoping to create a modular version of Windows that works across multiple form factors while also supporting various AI functions. Only time will tell if Microsoft can catch up with Apple, but these recent moves show they are trying.

Apple Rolls Out Rapid Security Patches for iOS and macOS

By

Bhasker Das

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May 3, 2023

Apple has released its first batch of publicly available “rapid security” patches to address important security vulnerabilities that pose a significant risk to customers.

The update, designed for devices running iOS 16.4.1, iPadOS 16.4.1, and macOS 13.3.1, is intended to allow users to update their devices faster than regular software updates, making it easier to protect their devices from security threats. This feature, known as “Rapid Security Response, ” is intended to deliver important security improvements between software updates.

While the quick response patch has been touted as a great feature by Apple, the implementation of the patches has not been without its issues. Some customers have reported that they could not install the update immediately, despite the fast download speed. Many received the message “Unable to authenticate the Rapid Security Response. The device is no longer connected to the internet.”

It is not yet clear which specific vulnerabilities will be fixed by this security update, but Apple has promised to provide the highest level of security for its customers. While this is an important step in protecting Apple devices, new exploits have recently been discovered that exploit previously undisclosed vulnerabilities in Apple software means that there is still a rapidly growing data security threat.

It is important to note that Apple continues to work on providing the highest level of security for its customers to keep them safe from these threats. This should include regular software updates and the quick delivery of patches, like the Rapid Security Response updates. The tech giant must ensure that its customers have access to reliable and accurate security updates and that any issues with implementing the updates are resolved quickly.