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ByteDance, the parent company of TikTok, confirmed it’s developing a smartphone, following a deal it made with device maker Smartisan Technology. ByteDance has risen to become a leading player in tech, rivaling the likes of Baidu and Tencent.
Apple Inc.’s (AAPL) sales grew very little, and its profit fell by 13% in its latest quarter. The company however projected revenue for the current quarter that topped analysts’ estimates. Apple’s stock jumped 4%.
Circle’s CEO Jeremy Allaire said that his company is doing everything to move its business outside the U.S. Without national policy framework about digital assets, he said that the U.S. will not be the leader anymore in this field.
Multinational professional services firm and one of the ‘Big Four’ auditors, PwC, praises Singapore’s move to exempt cryptocurrencies and digital tokens from sales tax when used to pay for goods and services.
Apple (AAPL) is releasing earnings today and it’s one of the most anticipated reports of the season. Can the company curb its iPhone sales decline, and how will they approach the smartphone maturing industry moving forward?
A number of new players in the industry are creating an alternative option by drafting specific rules and regulations for cryptocurrency. Malta, Bahrain, and Gibraltar have been among the first to do such, now Belarus and Singapore join the club.
While we’re still waiting for Apple’s Earning Report, a new report says that all three new iPhones will support 5G. Analyst Ming-Chi Kuo noted that Apple has more resources for developing the 5G iPhone after the acquisition of Intel baseband business.
Bitcoin futures contracts platform Bakkt is determined to launch its services in the third quarter of this year and gaining approval from the NYDFS would allow it to operate as a limited-purpose firm.
Ripple sent an open letter to the U.S. Congress intending to explain the differences between various blockchains and digital currencies. In the letteer the company stressed the willingness to cooperate with the authorities.
The Bank of China posted an infographic explaining Bitcoin and its price increase. The infographic points towards the fact that Bitcoin has a limited supply as naturally making the cryptocurrency prone to price increases.