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Celgene Deal Setback Wipes Out $6 Billion From Bristol-Myers Squibb
25.6.2019
When it comes to the biggest acquisitions that are valued at tens of billions of dollars, there is almost always a bit of trouble in completing the whole thing. First of all, there is the matter of the two company’s shareholders who might or might not want the deal to happen, while on the other...
Amazon Patents Drone Surveillance; Will Enable To Have Eyes In The Sky
25.6.2019
Amazon has pretty much taken over the e-commerce industry over the last two decades or so. The company, which started as an online book shop, now sells a plethora of products and is rightly known as ‘the everything store.’ However, it is also important to note that Amazon is not so dominant due...
$1 Million Raised by Streak AI Technologies in Latest Funding Round
25.6.2019
India has become one of the more important hotbeds of tech-based startups in Asia and a large variety of startups have been established in the past few years. Many of them have gone on to become highly successful companies and many more are now coming up through the ranks. One of those is Streak...
Local Chinese Startups Leave IBM And Oracle In The Dust
25.6.2019
The trade war between the United States and China is expected to continue for the foreseeable future and it has had far-reaching effects across a range of industries so far. One of the most interesting developments in that regard is the way in which local Chinese tech startups have now managed...
Smaller Rival Altran Merges with Capgemini in 3.6 Billion Euros Deal
25.6.2019
When it comes to the biggest companies in the world of consulting and technology, the idea of acquisition in order to keep growing is a well-known strategy and that has been even more prevalent in recent years. In a new development, French consultancy and information technology giant Capgemini...
Facebook Fails To Avoid Lawsuit Over Data Breach That Endangered 29 Million Users
24.6.2019
The past few years have been a bit of a nightmare for social media behemoth Facebook. The company found itself lurching from one user privacy issue to another and in September last year, Facebook revealed that in one of the worst hacking attacks in its history, as many as 29 million users’ data...
Coca Cola And China’s Mengniu Dairy Sign Olympics Sponsorship Deal Worth $3 Billion
24.6.2019
While the trade war between the United States and China is going on at full tilt for months, two of the biggest corporations from the two countries have come together to sign a gargantuan sponsorship deal for the Olympics. The sponsorship deal signed by soft drinks maker Coca Cola and Chinese dairy...
FedEx Apologises After It Returned Huawei Phone Package And Draws Chinese Criticism
24.6.2019
The trade war between the United States and China has been one of the most damaging and problematic global issues of recent times, and currently, there is no end in sight to the skirmish. However, the crackdown of the United States authorities on Chinese tech giant Huawei and the eventual...
Amazon Alexa Would Soon be Able to Identify a Heart Attack and Save Lives
24.6.2019
Heart attacks are one of the biggest reasons behind deaths all over the world, but Amazon’s Alexa is going to introduce a service that could preempt heart attacks. Heart failures are one of the biggest reasons behind death all across the world, and the failures that happen outside hospitals...
Singapore Based Razer Ties Up With Visa To Create A Visa Prepaid Card
24.6.2019
The world of tech and finance have been intertwined for most of the past two decades, as the advances in technology have helped the financial system become far more efficient. Nowadays, tech companies are routinely getting into tie ups with financial giants in order to create new products and make...
Russian Ministry of Finance Considers Allowing Cryptocurrency Trading
22.6.2019
Russian Ministry of Finance is considering allowing cryptocurrency trading in the Russian Federation
Russian Ministry of Finance Considers Allowing Cryptocurrency Trading
22.6.2019
Russian Ministry of Finance is considering allowing cryptocurrency trading in the Russian Federation
Facebook’s Blockchain Hiring Spree Continues With Search for Finance Lead
21.6.2019
Fresh off releasing the white paper for its Libra coin, Facebook is looking to hire a finance program manager in blockchain
Visa Set to Join the Expanding Field of Blockchain-Based International Payment Providers
19.6.2019
Visa joins the ranks of mainstream payment giants creating blockchain-powered settlements infrastructure for cross-border transactions among institutional clients
Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister
19.6.2019
Russian parliament will adopt the country’s major crypto bill, “On Digital Financial Assets,” in the next two weeks, according to the deputy finance minister
Brazilian BTC Exchange Faces Numerous Lawsuits From Clients Unable to Access Funds
18.6.2019
A bitcoin exchange in Brazil is being sued for retaining funds against request, citing ongoing attacks against the exchange since May as root of issue
Global Banking Giant HSBC Launches Tokenization-Based Receivables System for India
18.6.2019
The world’s 7th biggest bank, HSBC, uses tokenization tech in its account receivable infrastructure for corporate clients in India
Brazil Is All Set To Regulate The Digital Transformation In The Finance, Capital, Insurance And Blockchain Sector
18.6.2019
Four of the Brazil’s regulatory authorities namely- ‘Special Finance Secretariat of the Ministry of Economy’, the ‘Central Bank of Brazil’, the ‘Securities Commission’, and the ‘Superintendency of Private Insurance’ are planning to put in a joint effort to regulate as well as to adapt to...
PR: Legislators Support V20 Summit in Response to New FATF Rules
18.6.2019
Legislators have shown their support for the V20 Summit which is set to take place alongside the G20 Leaders Summit in Osaka, Japan, 28 & 29 June 2019. The event will convene G20 representatives, national blockchain associations, the world’s leading Virtual Asset Service Providers (VASPs)...
Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports
18.6.2019
The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit...