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Over-Reliance on China Stings Apple as $44 Billion is Wiped Off Its Valuation

26.8.2019
Over the past decade and a half, Apple has grown into one of the world’s biggest tech companies. Much of that success is down to the fact that the company has managed to produce some of the most iconic and technically advanced products like the iPod, the iPhone, and the iPad among others. Those...

Apple Commits $6 Billion Towards Content As it Eyes Amazon and Netflix

22.8.2019
Over the past couple of years, it has become abundantly clear that entertainment is firmly going the way of on-demand services and video streaming is all set to become the preferred medium for more consumers in the year come. In the early years of online streaming, Netflix became the undisputed...

Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

21.8.2019
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...

PwC Says Diaspora Remittances to Nigeria Could Hit $34.89 Billion

21.8.2019
As everyone knows, there are many nations which have a huge diaspora spread across the world and most of the people who live abroad send money back to their native country. One such country is Nigeria. Hundreds of thousands of professionals from the African nation now work in different countries...

Alibaba’s Massive $15 Billion Listing in Hong Kong Postponed

21.8.2019
It is a well-known fact that some of the biggest companies in China almost always have their initial public offerings in the United States and that was the case with Alibaba when it had its mega IPO in New York around half a decade ago. The biggest e-commerce company in China has grown at...

How Coinbase Quietly Became the World’s Biggest Bitcoin Bank

17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...

Coinbase Custody Acquires Xapo, Sees $7 Billion Growth

16.8.2019
Today, Coinbase Custody has announced that it has completed the acquisition of Xapo’s institutional businesses. Coinbase Custody has acquired 55 Million U.S. Dollars, Xapo’s institutional business. The platform was in stiff competition with major investment company- Fidelity, who was also...

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