IBM has indicated that it will be willing to work with Facebook on Libra. However, this does not mean that IBM may want to join the Libra Association.
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.
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.
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.
Recently Google has made claims that they have reached Quantum Supremacy. It is a well known fact that Google has been working on a quantum super computer which they unveiled in March 2018.
London has overtaken New York in the number and value of deals its Fintech startups were able to raise. This indicates that although London and the UK may not lead the pack when it comes to fintech investment values, the will come pretty close. This is important in the face of a possible “no-deal” Brexit.
Facebook has acquired ServiceFriend which is a startup that builds bots. Experts are speculating that this is for the new Calibra wallet support service, however, Facebook hasn’t yet approved this news.
In recent news, OneConnect, which is the blockchain and fintech arm of the Chinese biggest insurer Ping An, is planning to launch an initial public offering (IPO) in the U.S. market, New York specifically.
Automattic, the parent company of WordPress and Woocommerce, just got $300 Million in financing from Venture Capital firm Salesforce ventures more than doubling previous financing rounds.
With a sense of urgency, the US Congress has set Sept. 24 as a day to thrash out issues relating to cryptocurrency together with the leadership of the SEC, which comes just a day after Bakkt launch.
In recent news, Patrick Byrne, the former CEO of Overstock, has sold all his Overstock equity holdings worth about $90 million to shift his investments to different assets like precious metals and cryptocurrencies.
SEC Chairman Jay Clayton said that it will take a while before there is proper regulation for Bitcoin and other cryptocurrencies, and that has to happen before major exchanges can begin to list them.