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Elon Musk Becomes World’s 4th Richest Person as Tesla Shares Go Above $2K Level
By Steve Muchoki
• 3 mins read
Elon Musk has seen his net worth skyrocket in recent months as Tesla (TSLA) shares have more than tripled.
Salesforce (CRM) Stock Surges Over 26% as Company Recorded Better than Expected Revenue Results
By Steve Muchoki
• 3 mins read
Salesforce (CRM) stock recorded a 26.04% increase yesterday to close the day trading at $272.32. The rise is highly attributed to the better than expected fiscal 2021 second-quarter results.
Roku and Netflix Shares Surged Over 11% after Positive Ratings from Analysts
By Steve Muchoki
• 3 mins read
As Netflix and Roku reported a good revenue performance in the first half of 2020, Wall Street analysts and investors expect the shares from both of them to continue with the uptrend.
Crypto Exchange Coincheck Launches Joint Project to Realize First IEO in Japan
By Steve Muchoki
• 2 mins read
Since August of the last year, Coincheck has been considering commercializing IEOs, and the dream seems to be on course.
ConsenSys Acquires JPMorgan’s Quorum Blockchain Solution
By Steve Muchoki
• 3 mins read
Ethereum-focused industry startup ConsenSys announced on Tuesday that it had acquired JPMorgan’s Quorum blockchain unit. Earlier JPMorgan was directly involved in funding the ConsenSys quest in the seamless adoption of blockchain technology.
LEND, Aave Native Coin, Rallies to ATH, Besides Leading the DeFi Ecosystem
By Steve Muchoki
• 3 mins read
Having rallied over 16% in the past 24 hours, Aave (LEND) is trading around $0.849. The rally is attributed to more than one fundamentals but notably, Aeve recently received an Electronic Money Institution license from the UK Financial Conduct Authority.
Oracle’s Interest: TikTok Customer Data Is Presumed to Be Huge Attraction Factor
By Steve Muchoki
• 3 mins read
Being among the top 10 downloaded and actively used social media platforms based in China, TikTok huge customer data has attracted America’s attention at a time of a trade war with China.
Long-Time Rivals Microsoft and Oracle Competing in TikTok U.S. Business Acquisition
By Steve Muchoki
• 2 mins read
After Trump’s executive order directing TikTok parent company ByteDance to sell its U.S. business in 90 days, Microsoft and Oracle are said to be competing to purchase the Chinese video-sharing app.
American Express Set to Purchase SoftBank-Backed Kabbage
By Steve Muchoki
• 3 mins read
With the deal happening at a time when many businesses are struggling to survive due to the ongoing coronavirus pandemic, American Express is set to largely benefit financially from the acquisition of Kabbage.
Epic Games Files for Temporary Restraining Order to Stop Apple from Terminating Epic Developer Accounts
By Steve Muchoki
• 3 mins read
Epic Games moved to the United States District Court for the Northern District of California to file for a temporary restraining order against Apple that threatened to delist its products from the App store.