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AI & Enterprise

Google to build data centre from 2,000 discarded Pixel phones in low-cost server test

Google has begun testing a low-cost data centre built from retired Pixel smartphones, aiming to cut costs and electronic waste by turning discarded devices into computing resources. Researchers stripped phones to mainboards and replaced Android with a Linux-based environment to run orchestration platforms such as Kubernetes. Tests showed clusters of dozens of phones could support applications used by students. The team is also pursuing a 2,000-phone facility designed to support about 100 classes.

Crypto

XRP technical indicators wobble, warning of drop to $0.48 range

An analysis said XRP is facing further downside pressure despite a short-term rebound. A report cited by The Crypto Basic said the Elliott Wave-based correction may not be over and XRP could test lower prices before a meaningful recovery. XRP traded at $1.13, down about 1 percent in 24 hours, and has fallen 17 percent over the past month and 37.67 percent year-to-date. Key Fibonacci support levels were cited down to $0.4865 in a worst-case scenario.

Finance

KOSPI above 9,000 faces test from PCE, Micron earnings

South Korean stocks are expected to take cues this week from the U.S. May personal consumption expenditures (PCE) price index and Micron’s earnings report. The KOSPI has moved above the 9,000 level, but concentration in semiconductors and IT hardware has increased short-term volatility. Retail inflows into domestic equity ETFs have continued in June. Investors are watching whether PCE revives rate-hike concerns and whether Micron’s results support the semiconductor rally.