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Tech Giants Intel and Microsoft Document Big Problems With Blockchain Technology
15.5.2019
Blockchain technology has been in existence for more than a decade now, and although most people only associate it with a range of cryptocurrencies, it is important to note that the technology in itself has a far wider range of uses. According to many experts, Blockchain technology has...
CME’s Bitcoin Futures Break Records With $1 Billion in Notional Volume
15.5.2019
The world’s largest options and futures exchange, Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) and its bitcoin futures contracts saw an all-time high on May 13. According to CME’s records, the exchange recorded 33,700 contracts on Monday which represented...
Digital Asset Finance Firm BitGo Announces Off-Chain Clearance and Settlement Service
14.5.2019
An off-chain clearing and settlement service has been launched by digital asset finance firm BitGo
The US Starts Legal Process To Impose Taxes On New Chinese Imports
14.5.2019
The US-China trade war which seemed to be end soon after both countries said that the talks were going in the right direction took a turn for the worse on Sunday as US President Trump in a tweet said that the talks were going ‘too slowly’ and that he would impose tariffs on $250 billion …
The...
How The Trade War With Washington Can Affect Europe?
14.5.2019
Europe is bracing for the May 18 deadline of President Trump’s imposition of tariffs on European goods especially the auto sector. Trump is likely to decide the fate of those tariffs on Saturday and that could impact the global growth and Europe’s auto sector the most. On the basis of revenues,...
NZ Exporters Affected By Brexit, Trade War: NZ Finance Minister
14.5.2019
The New Zealand finance minister believes that the global economic environment is unfavorable for the NZ exporters to make profits due to the ongoing trade war between the US and China and also the effects of Brexit. The impact of Brexit on New Zealand New Zealand has had friendly relations with...
Global Markets Recover As Investors Become Optimistic Of A Deal
14.5.2019
There has been a slight turnaround in the global stock market after a fall on Monday due to the escalating trade war between the US and China. The Chinese retaliated with a tax imposition of $60 billion worth of American goods. The US and the European futures rose, and the Asian stocks fell by...
E-Commerce Giant eBay All Set to Start Accepting Payments in Cryptocurrencies
14.5.2019
When cryptocurrencies first came into existence, no one quite took it with much seriousness and a future in which payments could be made with those currencies was nothing short of a pipe dream. However, over the past few years, that attitude is changing at a breakneck pace as more and more people...
Major Brazilian Bank Brodesco Joins R3 Corda-Powered Global Trade Finance Network
14.5.2019
Prominent Brazlian bank Banco Bradesco has become the latest institution to join R3’s Marco Polo international blockchain network for trade finance
Smartphone Giant Samsung Confirms That It Will Make More Blockchain Compatible Phones
14.5.2019
There was a time when Samsung used to be the biggest smartphone brand in the world, with a stranglehold over some of the most important smartphone markets. However, that is no longer the case, and the company’s smartphone sales have tanked dramatically over the past few years. For instance, at...
Walmart Takes on Amazon; Executes One Day Free Shipping in Some Areas in US
14.5.2019
Two mega-corporations who have been involved in a tremendous feud for the better part of two decades are Amazon and Walmart. When Amazon was established, Walmart was already a behemoth yet, slowly but surely the former posed a threat that soon became an alarming one for the latter and ever since...
Automotive Supplying Giant Bosch Decides to Go For Platinum Light Fuel Cells
13.5.2019
As everyone knows, traditional vehicles which use fuel cells propelled by metals are often held responsible for the pollution that is spread in the environment and over the years, there have been numerous calls for cells to have a lower metal content. However, nothing much came to pass over...
Amazon Unveils Machines That Could Replace Packaging Employees
13.5.2019
For the last few years, Amazon has often threatened to usher in a technology that could save the company millions by reducing the number of jobs that involve repetitive work, and it seems that the company has finally found a solution. In an exclusive report by Reuters, it has emerged that...
Blockchain the Next Frontier for Indian Company Arvind Fashions As it Tries Personalization
13.5.2019
Meta- Indian clothing retail chain giant signs deal with Blockchain firm Nucleus Vision for a pilot project aimed at personalizing the customer’s experience at its stores. For as long as anyone can remember, Blockchain technology has been primarily associated with cryptocurrencies, but as many tech...
Singapore’s Investment Firm Marvelstone Group Stays Silent About Its Progress
13.5.2019
Singapore has been a thriving financial hub for decades now and needless to say, the country has seen the establishment of a fair share of investment funds in the process as well. One of those is ‘Marvelstone Group’ which is purportedly involved in investment in the financial technology space...
European Union’s Copyright Directive Proves To Be A New Threat For Youtube
13.5.2019
Alphabet Inc, which owns Google and YouTube among other internet properties, has been in the crosshairs of the regulatory authorities in the European Union (EU) for quite a while and earlier this year, the company had to pay the EU billions in fines for abusing its position as a dominant player....
India’s Anti-Trust Regulator Order Probe on Google Over Android Abuse
12.5.2019
Google has been beleaguered with anti-trust issues for more than half a decade in Europe, and it has now emerged, that the same troubles are going to bog the company down in India, one of its biggest markets. The entire issue revolves around the Android operating system that is used in mobile...
US Objects to Huawei Lawyer’s Conflict of Interest
12.5.2019
The trouble between the United States and Chinese tech giant Huawei Technologies Limited has been one of the biggest stories of the year. The US authorities accused that the products supplied by the world’s leading telecom equipment maker are used for spying purposed by the Chinese state...
Tariff On Chinese Goods About To Hike
11.5.2019
The U.S meeting with the Chinese negotiators has concluded on Thursday after two days of talks on how to rescue a trade deal which is almost collapsed due to the U.S plans of tariff hikes on goods imported from China. The tension between the two countries started after China failed in the last week...
U.S. Stock Futures Fall After Trump Hikes Tariffs
11.5.2019
Trump who had tweeted on Sunday about a possible hike in tariffs on Chinese products worth $250 billion has carried out his threat. It has not only increased the tension between the two countries but also impacted the global economy. Though the shares in Asia held on, the U.S. stock futures fell...