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.
While a majority of investors said that they aren’t interested in Libra (with many preferring Bitcoin instead), some also said that unlike the decentralized cryptocurrencies, Libra doesn’t give them the financial freedom from governments.
Refereum has joined hands with PlayerUnknown’s Battlegrounds to introduce crypto rewards into the game promotion space aiming to attract influential people to participate in the promotion campaigns.
Major online computer and consumer electronics retailer, Newegg Inc., has announced that another 73 nations where the firm operates will now be accepting Bitcoin payments like in the U.S. and Canada.
The New York State Department of Financial Services has just announced the creation of a new section called the Research and Innovation Division. Its main goal will be to regulate crypto-related businesses in the state.
In recent news, New York Times has revealed that they are using blockchain technology to confirm the origination of digital files thus intercepting the spread of fake news.
TD Ameritrade CEO confirms REAL demand for Bitcoin, while the company braves up to integrate in-vehicle software platforms such as Amazon’s Echo Auto, Android Auto, and Apple CarPlay to customers trade stocks on their cars.
Microsoft has invested $1 billion in Elon Musk-founded artificial intelligence company OpenAI in an effort build supercomputer AI technologies for its Azure cloud services. The two companies will join forces to build large-scale AI systems for Azure.
Irrespective of the tightened regulations against Blockchain in the US., Utah County becomes the third jurisdiction in the United States to offer blockchain-based mobile voting in their municipal primary election.
The crypto community is on a wait-and-see mode awaiting regulation hearings by the Senate Banking Committee expected to shape the future of the nascent crypto industry with more regulations introduced.
Pantera Capital’s CEO Dan Morehead pointed to a potential Bitcoin price move to $356k within three years based on past trends of BTC price movements on a logarithmic scale. Morehead’s math also indicated that Bitcoin price targets $42k in 2019.