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Louis Vuitton Owner LVMH Offers to Buy Tiffany for $14.5 Billion

LVMH, the French multinational luxury goods company and owner of the Louis Vuitton and Givenchy brands, has made an official offer to acquire Tiffany & Co., the popular American luxury jewelry retailer. LVMH hopes to expand its business, by taking a direct dive into the United States markets for luxury fashion items and has chosen to do this through Tifanny.According to a Bloomberg report, LVMH is offering $14.5 billion for the acquisition which was noted by certain people who are privy...

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New Bill Suggests Stable Currencies Should be Regulated by the SEC

Stable currencies are all the rage as of late. Given the price volatility of many mainstream cryptocurrencies such as bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and bitcoin cash (BCH), some are looking for new ways to ensure their safety while also investing in digital currencies, and now it looks like stable currencies are about to get a big regulatory boost.Could a New Bill Make Stable Currencies Mainstream?A new bill has been opened in Congress called the “Stable Coins Are Securities...

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Will Facebook Exit the Libra Association?

It’s never a good sign when a company is forced to leave something it’s created behind, but in the case of Facebook and Libra, the danger is all too real.Libra Is Heading for the “No Fly” ZoneFollowing his recent testimony before Congress regarding the new financial platform, Mark Zuckerberg announced that if Libra moves forward without congressional approval, Facebook would be forced to leave the Libra Association.This is not a good sign. First off, Facebook is the initial creator of the...

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4 Cryptocurrency Conferences to Cap Off 2019

So far, 2019 has been an excellent year for crypto enthusiasts. The collective crypto market cap increased by more than $120 billion, blockchain technology continues to proliferate, and Facebook’s plans for a digital currency bolstered the sector.This enthusiasm expresses itself in many ways, but it often comes together at the industry’s conferences, which bring together its many constituents. From developers and dreamers to financiers and fanatics, cryptocurrency and blockchain conferences...

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Bitcoin Is Booming – Here Are 3 Reasons Why Ripple (XRP) Is Not

Bitcoin’s epic surge has lifted the entire crypto market, with one notable exception: ripple (XRP) Ripple is barely treading water, while most of its peers are enjoying meteoric gains. Crypto analysts say there are three reasons XRP is struggling. It’s been quite a while since most cryptocurrencies posted tremendous gains. Major coins such as bitcoin, bitcoin cash, and bitcoin sv are up by over 15 percent. Other coins in the top ten were not far behind, with litecoin and ethereum...

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AT&T Sued After Its Employees Allegedly Took Part in SIM-Swapping Case

In the past, we’ve reported that AT&T has been the subject of lawsuits in that it allowed its employees to take part in SIM-swapping attempts, so hackers could gain access to potential cryptocurrency holders’ phones. A new case has emerged today that sees the phone company at the center of an $18 million lawsuit.AT&T Is at the Center of a Crypto Fight… AgainThe plaintiff is Seth Shapiro of Torrance, California. Shapiro describes himself as an “Emmy-winning media and technology...

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Blizzard Entertainment is Set to Release the Latest Diablo Game

When it comes to the world of fantasy, we all know that no one cuts it like the guys at Blizzard Entertainment that is so far for now. At their BlizzCon 2019, the much-awaited Diablo 4 is expected to be announced after the free spoiler Diablo Immortal game that was released last year at the BlizzCon 2018. The disappointment indicated by the many fans of Blizzard Entertainment after the game didn’t show up in Google’s Playstore or the iOS store has led many to believe that Blizzard...

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CGC Kyiv 2019 – The Largest Convention Dedicated to Blockchain, VR, AR and AI in Gaming

On October 10th and 11th, for the fourth time in a row, CGC has brought together the brightest minds of the game industry for an international gaming innovation conference. Dozens of rockstar speakers have discussed synergies of blockchain, VR, AR, AI technologies with gaming. Startups and renowned developers have demonstrated their ambitious projects to investors, potential clients and partners, and to everyone else.The ConferenceTwo tracks were filled up with mind-blowing sessions,...

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Zuckerberg: Libra Won’t Continue Without Approval

Well, here’s something we thought we’d never hear from Mark Zuckerberg. He’s willing to comply to the fullest extent, it seems.Is Zuckerberg Ready to Throw in the Towel?Yesterday, the Facebook CEO had the heat laid on his shoulders by members of the U.S. Congress. It appears that many are simply not happy with how Libra has handled itself, and don’t trust Zuckerberg or his team to adhere to the “appropriate” financial goals. This includes blocking attempts at money laundering and other...

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CNN Makes Its Own Aggregation Service to Compete with Apple News+

The AT&T-backed CNN is allegedly working to found its own news aggregation service that allegedly would be something similar as is Apple News and Apple News+.The project dubbed “NewsCo” will compete with the already existing Facebook‘s and Apple’s domination by offering its consumers one more venue where they can get all possible information both local and global, together with its existing web and broadcast operations.For now, twelve engineers and other executives are working on this...

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