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Facebook Reaches $5 Billion Settlement with the Federal Trade Commission


Facebook has found itself in a whole range of problems over the past couple of years, and many of the problems struck at the very heart of its business. Other than issues related to failure to block advertisements bought by Russians in the lead up to the United States Presidential elections, there...

Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion


Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...

Symantec To Be Acquired By Broadcom In Deal Worth $ 15 Billion


As far as leading corporations firms are concerned, it is a well-known fact that many of them seek to grow their business further with key acquisitions that can add more value and that seems to be a strategy of chip manufacturing giant Broadcom. The company had been trying to acquire big-ticket...

Warren Buffett To Donate $3.6 Billion More To Five Charities


For the majority of his life, Warren Buffett made his name as possibly the greatest investor of the last century, and during the course of his life, he made a fortune that made him one of the world’s wealthiest persons. At this point of time, he has a net worth that is pegged at $87 … The...

Markets Update: Cryptocurrency Prices Continue to Accelerate


Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures...

Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners


Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption...

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