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Facebook has long used Giphy’s application program interface throughout its main Facebook app, Messenger, Instagram and WhatsApp. Now Facebook is acquiring Giphy.
Singapore state investor Temasek is one of the latest organizations to join the Facebook-backed digital currency project Libra. But the group recently made some changes, including a shift to issuing multiple so-called stablecoins.
Another 3 million people filed initial unemployment claims last week. That brings the total number of first-time claimants to 36.5 million since mid-March.
Ethereum 2.0 project lead Danny Ryan explained the main reasons behind the multiple delays in launching the network.
Inovio (INO) stock was jumped 8% yesterday, is in the green now after the company released its fiscal Q1 earnings report, while it is working on a coronavirus vaccine.
Democrats unveiled a new coronavirus rescue bill that would direct more than $3 trillion to state and local governments and launch a range of other initiatives.
Telegram founder Pavel Durov wrote in his public channel on Tuesday that the Telegram Open Network (TON) project would be discontinued due to the company’s ongoing legal fight with the U.S. Securities and Exchange Commission (SEC).
JPMorgan upgraded AbbVie (ABBV) stock to Overweight from Neutral. The price target was raised to $105 from $85. The current stock price is around $91.
Citi’s Jason Bazinet repeated his Buy rating on Alphabet shares while lifting his target for the GOOGL stock price to $1,600, from $1,400.
Finally, Aurora Cannabis implemented the announced 12:1 reverse stock split, mainly aimed at preventing the cannabis company from being delisted from the New York Stock Exchange. ACB stock is in the red now.