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Bitcoin Price Consolidates Above $9,000 Now as This Week Is Coming to an End
By Steve Muchoki
• 3 mins read
After having fallen to around $8,900, Bitcoin price now is around $9,160. Since Monday teh asset has lost over $300 of its value.
TSLA Stock Down 0.3% Now but Still Above $820 as Tesla Returns to Normal Operation in U.S.
By Steve Muchoki
• 3 mins read
Tesla (TSLA) stock is slightly down in the pre-market. The company said that its operations are returning to be practically normal in the Fremont factory.
Facebook Workplace Enterprise Software Now Has 5M Paid Users Up from 3M in October
By Steve Muchoki
• 3 mins read
Social media giant, Facebook announced on Thursday that its Workplace enterprise software has now reached over 5 million paid users, however, it faces stiff competition from apps like Slack and Microsoft Teams.
Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg Had Biggest Gains amid Covid-19 Crisis
By Steve Muchoki
• 3 mins read
Jeff Bezos and Mark Zuckerberg added $34.6 billion and $25 billion respectively during the coronavirus lockdown between mid-March and mid-May.
Apple and Google Release Digital Contact Tracing Technology
By Steve Muchoki
• 3 mins read
Apple and Google digital contact tracing system has launched in iOS and Android updates. It will allow public health departments to build their tracing apps.
IBM Now Has 7% Stake in Blockchain Trade-Finance Platform We.trade
By Steve Muchoki
• 3 mins read
IBM and We.trade are strengthening their relationship to help the latter scale globally. We.trade CEO Ciaran McGowan says they are going to work closely together on Asia, Africa and Latin America.
Coinbase Announces It Will Be Remote-First Company after COVID-19 Pandemic
By Steve Muchoki
• 3 mins read
Coinbase, one of the largest cryptocurrency exchanges in the world, has announced that it will allow its employees to work remotely after the COVID-19 pandemic.
JNJ Stock Up 0.7%, Johnson & Johnson to Stop Selling Talc Baby Powder in U.S. and Canada
By Steve Muchoki
• 3 mins read
After closing yesterday with a 1% loss, JNJ stock was 0.34% down further in the pre-market today but is 0.72% up now. Johnson & Johnson announces that it will stop selling its talc baby powder in the U.S. and also in Canada.
FAANG Stocks Continue Scaling Up Despite COVID-19 Disruption
By Steve Muchoki
• 3 mins read
FAANG stocks have been defying the coronavirus market disruption as they continue to scale higher every day. The NYSE FANG+ Index is up around 21% since the beginning of the year.
Microsoft Teams Up with OpenAI to Build Huge AI Supercomputer in Azure
By Steve Muchoki
• 3 mins read
Microsoft has announced that it is now joining hands with OpenAI to create one of the fastest artificial-intelligence supercomputers on top of Azure’s infrastructure.