Google (GOOGL) records almost 10 percent increase in stock for the year’s second quarter. The official report also shows 13 percent increase in Traffic Acquisition Cost, hitting $7.24 billion.
Apple Inc purchased the majority of Intel Corp’s modem business in a deal valued at $1 billion. The acquisition means that Apple is now well on the way to producing its own 5G modems for its smartphones.
After TRON’s CEO Justin Sun postponed his charity lunch with Warren Buffett due to his kidney stones, lot of his followers now doubt the real reasons. Sun had been caught up partying with youtubers in San Francisco just a day after.
Mark Zuckerberg has made it clear that Facebook will not launch its Libra crypto until all the regulators have been brought on board and every regulatory issue resolved satisfactorily.
The way Libra is designed makes it hard for governments to see who’s paying whom, or to limit cross-border payments. Thus the People’s Bank of China (PBOC) has vowed to create a currency it can manage- likely one that will be linked to real identities.
Judging by recent news, Bitcoin has once again hit a new record! This time it’s the amount of Bitcoin supply which hasn’t been moved for more than five years. It reached an all-time high of 21,6%.
Crypto fims leverage the Special Purpose Vehicles (SPVs) facilitated by the Bnk to the Future platform, an offshore company, without exposing themselves to the regulatory scrutiny.
Blockchain solutions firm, Wanchain, has announced its partnership with a Malaysian e-commerce giant, PUC Berhad, aimed at the introduction of blockchain enterprise solutions.
Samsung has announced that it will be launching the previously suspended Galaxy Fold smartphone in September 2019. Postponed from its earlier April launch, major adjustments have now been made, increasing its durability.
Amidst the current increase in the involvement of institutional corporations with cryptocurrency, Ripple reportedly sold out an excess of $250 million in XRP with about 40% of these sales been in favor of the institutional investors.
The largest penalty of a whopping $5 billion levied against Facebook by FTC. A move will see Zuckerberg surrenders sole dominance over privacy decisions.
India’s Bengaluru-based fintech platform, Zeta, secured a Series C investment from Sodexo Benefits and Rewards (BRS) raising an undisclosed amount that pushed its valuation to $300 million.
A new person has stepped forward and claimed to be Satoshi Nakomoto, the pseudonymous creator of Bitcoin. Belgian citizen, Debo Jurgen Etienne Guido made his claim in a letter filed with a federal courthouse in Florida on July 22.
Tesla endured another round of financial losses despite pressure to become steadily profitable. Tesla (TSLA) lost $1.12 per share versus the expected loss of $0.31 per share. That means a loss of $408 million in the quarter on revenue of $6.3 billion.
TRON’s CEO Justin Sun surprised everyone when he postponed his $4.56 million charity lunch with Warren Buffett. Now he apologized for his own conduct saying his own “selfishness” and “immature words and deeds” detracted from the effort.