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Broadridge Financial Solutions plans to offer post-trade services for cryptocurrency after acquiring fintech company Shadow Financial Systems. The company invested in blockchain projects, but the Shadow deal will be its foray into cryptocurrency.
Tesla is acquiring AI startup DeepScale. Forrest Iandola, DeepScale’s CEO, said on LinkedIn that he joined Tesla’s Autopilot team, which has lost many executives and engineers to companies like Nvidia, GM Cruise, Google, Lyft, and more.
Maduro believes in the power of cryptocurrencies like Bitcoin and Ethereum. He says that his cryptocurrency-powered plan will help the country “maintain [the flow of] imports and exports.”
PayPal is buying a 70% equity state in Chinese GoPay. According to PayPal, the transaction is expected to close in the fourth quarter of 2019 and is subject to customary closing conditions.
Tencent has agreed to acquire all the shares belonging to the Norway-based KGJ Capital AS, which is currently the largest shareholder in Funcom.
Tesla is trying to deliver a record 100,000 cars during the third quarter, and with only a day left, sources say that Tesla is currently “a few thousand” cars short of the delivery goal.
Despite sales falling for the ninth consecutive quarter in Q2 2019, Huawei still managed to take a record 38.2 percent of the market. So, despite the gathering storm clouds on the international horizon, it’s still fair skies in China.
Trump is considering delisting Chinese companies from US stock exchanges. The move would come as part of a broader effort to limit US investment in Chinese companies and partly motivated by security concerns.
Talking at a blockchain event at the U.N. headquarters in Geneva, Libra’s managing director Bertrand Perez said Libra will not replace existing fiat currencies, but could help the UN achieve its SDGs as eliminating poverty and achieving gender equality.
Tesla’s Version 10 software update includes Smart Summon, which lets some car owners summon their car, adds connectivity to Netflix, YouTube, Hulu and a ‘Car-aoke’ feature with lyrics to sing along to songs.