FinTech

Encrypted messaging service Telegram is putting up a fight with the Securities and Exchange Commission (SEC).Telegram Is Duking It Out with the SECThe company is in hot water after the government organization claimed Telegram had failed to properly register a token offering a few years ago that resulted in more than $1 billion in revenue for the messaging service. The enterprise made quite a bit of money after promising delivery of its new “gram” tokens to several individual investors, though...

Telegram cannot sell Grams outside of the U.S. either, even after the company argued that the tokens wouldn’t reach American investors. New York Judge, however, found those claims insufficient as Telegram couldn’t adequately address them.Telegram’s Issues Spiral OnAs Cryptopotato reported last week, U.S. District Court officially halted the Gram tokens sale following a lawsuit filed by the Securities and Exchange Commission (SEC).Telegram, the firm behind the future blockchain-based project,...

Alphabet (GOOGL) stock price has been topsy-turvy. This, however, doesn’t change the company’s profit outlook as investors expect increased demand due to the COVID-19 situation.Alphabet Inc (NASDAQ: GOOGL) stock prices have been volatile in recent times. Sources say that the technology giant’s stock has had a rough time. This has been mostly due to the COVID-19 situation. This hasn’t slowed the demand for Google’s products. Google which is Alphabet’s child company, has seen an increase in the...

Es gibt einen weiteren spannenden juristischen Fall rund um gehäckte PayPal Konten, wie in einem aktuellen Blogpost zu lesen ist: Die auf modernen Zahlungsverkehr und E-Geld spezialisierte Münchner Wirtschaftskanzlei CLLB, mit Sitz in München und Berlin hat nun einen weiteren Klageauftrag gegen den Zahlungsdienstleister Paypal erhalten: „Wir klagen für einen Mandanten erneut gegen den Online-Dienstleister Paypal. Hier gab oder gibt es nach Angaben unserer Mandanten...

Microsoft (MSFT) stock rose by over 6% to trade at $159.99 on March 30. The spike is attributed to a 775% rise in the Microsoft Cloud services usage, as more people stay at home amidst coronavirus outbreak.Microsoft Corporation (NASDAQ: MSFT) shares experienced a sharp uptick of 6.87% in the late European trading hours, to clinch at $159.99. The spike in stock is being attributed to the rise in usage of its services as the coronavirus outbreak pushes people to stay at home and find...

Santander’s Ripple-powered payments solution, which is set to launch in Mexico, will enhance transparency in operations, improve speed in sending and receiving payment.Aiming at improving transparency, efficiency, and general client satisfaction Spanish bank Santander is going to launch its Ripple-powered payments solution in Mexico later in 2020.This has become known from a Form 20-F filed with the U.S Security and Exchange Commission (SEC) earlier this month, where the Spanish bank revealed...

It seems that Samsung range of smartphones might be the first of many to hit the market in the years to come owing, among other things, to blockchain and crypto adoption by the company.For some time, competition between tech giants has been predominantly focused on smartphone specifications and improving features such as camera specs, screen size, and resolutions. However, Korean technology giants Samsung, the creators of the Galaxy smartphone range could potentially become one of the most...

The past several weeks have been chaotic everywhere in the world as the coronavirus outbreak threatens economies in both the West and the East. McKinsey explained what new challenges businesses have today.We are all aware nowadays that the novel coronavirus affected the world markets. If we are talking about cryptocurrencies, Dow Jones or commodities it affected them all. Also, it affected people and their ability to invest. We already wrote that the management and consulting company McKinsey...

Steigt Microsoft nun auch ein? Nachdem Facebooks Cryptocoin bereits kurz vor der Markteinführung ist, dürfte es nicht verwundern, dass auch andere Tech-Riesen einen Cryptocoin planen. Im Falle Microsofts geht es jedoch um ein Konzept, das wirkt, als käme es aus einem Science-Fiction Buch.Crypto News: Microsoft patentiert Konzept für Cryptocoin und Mining SystemMicrosofts Patent will „Body Activity“ zum Mining von Cryptocoins nutzen. Offenbar stellt man sich das System so vor, dass menschliche...

Apple (AAPL) stock rose by over 5% yesterday but is falling today. The company is testing an AR/VR headset with HTC Vive-like controller that is set to be launched in 2021 or 2022.Apple Inc (NASDAQ: AAPL) stock rose by over 5% yesterday, March 26, approximately $12.92 to hit $258.92. As with many other U.S. stocks, Apple stock rebounded strongly after the coronavirus panic sell-off that resulted in the huge fall. The prices retested a once strong resistant zone back in 2018, however, this...