The Alibaba Group has closed a deal which guarantees the company 33% equity interest in Ant Financial. The deal means that Ant Financial will no longer pay any pre-tax profits to Alibaba.
Facebook has agreed to take over New York-based CTRL-labs to help the startup develop a new device that will let people control digital devices using their minds in a deal reportedly worth $1 billion.
Amazon is introducing new earbuds and a new version of its echo speakers. This will place the Alexa voice assistant in a position to do more things than she has ever done before.
The Google Play Pass bundle comprises of over 350 games and applications which come without ads, in-app purchases, and any sort of upfront payments.
After Bakkt officially launched its futures contract offering yesterday, the market seemed to lose some weight, disappointing general expectations. The market is also anxious about today’s Congress hearing.
Germany’s second-largest stock exchange Boerse Stuttgart has launched BSDEX which is a digital asset exchange currently offering Bitcoin-Euro (BTC/EUR) trading with more pairs to be added soon.
Bakkt Bitcoin Futures traded 73 contracts on the first day while getting a lukewarm response from the market. Experts said that Bakkt futures would see an incremental demand going ahead.
Kik Interactive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange Commission.
The board of Overstock.com has appointed Jonathan Johnson as the company’s CEO. He had been serving as interim CEO since company founder Patrick Byrne stepped down last month.
Cisco Systems Inc. announced that SingularityNET’s blockchain-based platform will host its decentralized AGI project focused on intellectual tasks instead of automating menial tasks.
PBoC said that there is no planned launch date for their digital currency and declined that there’s a list of member institutions coming together for it.
The SIX’s prototype platform will run test cases to demonstrate the potential of SDX’s trading model, as well as settlement on DLT.
Following a strange corporate governance structure and other methods, WeWork’s largest investor is now looking to have Adam Neumann removed as CEO.
Binance US will offer the trading facility in crypto-to-crypto and fiat-to-crypto trading pairs in 37 states across America. It also plans to offer commission-free trading from November 1st, 2019.
The S&P 500 is used by most stock market analysts as the best way to get an overview about the state of the market in the U.S. Today, we look at 5 of the best-performing stocks, over the last 2 decades, since 2000.