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Microsoft Partnership and Buyback Announcements Send Sony Shares Soaring to New Highs
17.5.2019
When it comes to large corporations like Sony, a lot of effort needs to be made in order to send its shares soaring, and that is what happened yesterday as the company made some major announcement. While stock buybacks have been the flavor of the season for many of the biggest corporations in...
Chinese Giant Baidu Records First Quarterly Net Loss Since Listing, Stock Dips
17.5.2019
The fact that Google and many other tech giants are not allowed to ply their trade in China has proven to be a huge book for local tech companies, and over the years, many of those homegrown companies have gone on to become behemoths in their own right. The primary reason behind that hyper-growth...
Amazon Conducts $575 Million Funding Round in UK Food Delivery Firm Deliveroo
17.5.2019
In an increasingly connected world that has been ushered in by a range of tech companies over the past decade and a half, food delivery has become one of the most important industries all over the world and in that regard; the United Kingdom is no different. The country’s most popular food delivery...
European Union Fines 5 Top Banks 1 Billion Euros for Foreign Exchange Market Rigging
17.5.2019
Over the course of their history, some of the biggest banks in the world have often colluded to rig the different markets in which they operate, and much of that has come out in the open over the past decade or so. The fixing of LIBOR was a case in point, and in a new …
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Bosch on Blockchain and IoT: ‘We Cannot Accept’ Fear as Reaction to Innovation
17.5.2019
Bosch has revealed its ideological view on technologies such as blockchain and IoT, stating that it needs to keep mistrust out of the reaction to new tech
Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System
17.5.2019
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters
New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction
17.5.2019
The New York Supreme Court has granted crypto exchange Bitfinex’s motion to modify an injunction by the New York Attorney General
Big Four Firm KPMG Identifies Top Four Skills Required for Blockchain Career
16.5.2019
KPMG argues that the blockchain will face a serious lack of talent, thus identifying the four major skills needed for a career in the industry
Blockchain Sister Startups Allegedly Pull $8 Million Exit Scam
16.5.2019
RepuX and JoyToken alleged to pulled initial coin offering (ICO) exit scam worth a combined $8 million
Secretariat Under UN Agreement to Reward Users for Climate Action With Crypto
16.5.2019
The Secretariat of the UN Framework Convention on Climate Change signed an MoU with the W-Foundation to promote global climate action projects using crypto
Amazon’s Arrival and 4 Other Enterprise Blockchain Trends From Consensus 2019
16.5.2019
At Consensus 2019, conversations about enterprise blockchain were shaped by these five storylines
Trading Bots: Are They a Force for Good?
16.5.2019
Understanding the benefits and pitfalls of bots — and what sets them aside from wash trading — can be crucial for crypto enthusiasts
Ava Labs Exits Stealth, Launches Blockchain Testnet Based on ‘Avalanche’ Protocol
16.5.2019
Ava Labs is out of stealth, revealing a past $6 million funding round and a new blockchain testnet backed by the Avalanche consensus protocol
Local.Bitcoin.com Aims to Spread Economic Freedom Through P2P Exchange of BCH
16.5.2019
On June 4, Bitcoin.com is launching a peer-to-peer marketplace called Local.Bitcoin.com that will allow users from around the world to buy and sell bitcoin cash (BCH). Now crypto enthusiasts and traders can create a pre-launch account to explore the trading platform and create orders on...
Tension In Middle East, Oil Prices Increase
16.5.2019
The US West Texas Intermediate crude futures rose by 25 cents from the previous day and was at $62.27 for a barrel a rise of 0.4%. The Brent Crude futures also rose up by 0.7% up by 0.4% and ended the session at $72.04 for a barrel. The oil prices had stabilized after the fallout …
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CEO of Burger King’s Parent Company Looks for Long Term Growth in China as Slowdown Hits
16.5.2019
China is the world’s second-largest economy and over the past decade, some of the biggest companies in the world have flocked to the nation in order to meet the insatiable demand for all sort of products and fast food was business certainly one of them. Burger King remains one of the best known...
Japan Considering Downgrading Its Economy As Per Direct Sources
16.5.2019
A Japanese government source said that the government might downgrade the economic outlook for its country as the factory output and exports fall due to the ongoing trade war with the U.S. and China. The report which will be released next week is also fueling speculation that Prime Minister Shinzo...
Indonesia To Invest A Massive $412 Billion On Rebuilding The Country
16.5.2019
Indonesia President Joko Widodo’s is planning to make a huge investment of $412 billion on rebuilding the country’s infrastructure. It is also thought of as being a strategy to boost the country’s economy beyond Java, which is its nerve-center. The plan is to build newer power plants, upgrade...
India’s Manipal Health Enterprises Set to Get Rs.145 Crore Investment from Morgan Stanley
16.5.2019
The investment will also constitute an Rs. 100 crores investment in Healthmap, which is a diagnostic imaging initiative in partnership with the government. The Indian private health care industry has grown exponentially over the course of the past two decades, and much of that has to do with...
Australia Faces The Threat Of Unemployment
16.5.2019
The graph of the unemployment rate in Australia has taken a step higher, which has affected the labor market adversely. This mounting unemployment has boosted the chances of an interest-rate cut. As per the statistics bureau reports, the unemployment rate, which stayed at 5.1% in March,...