Microsoft has announced another stock buyback program, worth about $40 billion. The company has also said that it will increase dividends paid to shareholders by as much as 11%. MSFT is now the most valuable stock in the market.
This week, the Bitcoin price has been declining smoothly, but trading is virtually lacking volume, which means investors are focused on the news about fiat currencies.
NEO launched NEO3 Preview1 on its NEO3 TestNet, giving users a chance to test new features before the upcoming launch of NEO3 on mainnet.
Open banking startup Deposit Solutions has just gotten financing from Deutsche Bank and is currently valued at €1 billion. This indicates that the fintech startup is doing something right. Is open banking the future of fintech?
With a $223 million revenue for its last fiscal year which ended in March, TransferWise has grown by more than 50%. The company is still the most valued fintech startup in the U.K.
As Binance’s seeks an opportunity to lure Chinese investors in the OTC cryptocurrency marketplace, it will support fiat-on-ramp through OTC for the Chinese Yuan.
According to LinkedIn, 76% of professionals wish that employers were able to verify their skills, and now the company offers such an opportunity with LinkedIn Skill Assessments feature.
Amazon customers are in for a real treat with unrestricted access to the Amazon Music HD library where they can stream about 50 million songs with CD audio quality, courtesy of the company.
Social media giant, Facebook, has partnered with Luxottica, the parent company of Ray-Ban, to create smart Augmented Reality (AR) glasses.
Binance mentioned that unlike Facebook’s Libra, its Venus stablecoin won’t be a trouble for regulators and will help to bridge the gap between traditional financial markets and the crypto industry.
In a recent Newzoo report, they have estimated that Android will overtake iOS in terms of game revenue. This is the first time this year that this has happened. Previously the market was led by iOS, Apple respectively.
NBCUniversal is also entering the streaming space with its service ‘Peacock’. This shift indicates that the streaming space is the next big thing. Will older companies such as NBCUniversal be able to beat upstarts like Netflix at their own game?
A vegan ETF, launched on NYSE last week, already has sizeable holdings and excludes any companies that aren’t animal and environment-friendly.
The web monetization program dubbed Grant for the Web that is proposed by Mozilla, Coil, and Creative Commons is aimed at creating a web economy with more space for smaller players and publishers.
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