FinTech

Though Tesla (TSLA) stock has slowed down, if its price stays stable, the company could achieve the $100 billion average market cap for a six-month period as soon as in April or May. So, Elon Musk could get his first paycheck quite soon.Elon Musk‘s big payday may be closer than you think. Last month Tesla (TSLA) stock closed above a $100 billion market capitalization for the first time in its history. Moreover, it has even reached the $150 billion level. That started a clock on its CEO Elon...

The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.Telegram team has released a document that is useful if you plan to create a website running on the TON blockchain. The document suggests that TON users may want to create some websites to refer friends and clients to their projects. Unlike the usual sites, these are not working over HTTPS or HTTP protocol. The system is using ADNL to differ the...

Samsung has just unveiled its new Galaxy S20 phone family. Now the company is on a course to snatch the mobile market from competitors through attractive partnerships with Netflix and Xbox.Samsung Electronics Co., for many years now, has been in heavy competition with Apple in the mobile phone market. Both companies seem to go head-to-head with their products every year and are also being constantly pitched against each other by consumers. Now, it would seem that more than ever, Samsung is...

Samsung has wowed the public with its new Galaxy S20 family. One of the devices that definitely deserves your attention is the Galaxy S20 Ultra.One of the most proliferated industries in the technology market is the mobile phone industry. The market is flogged with a lot of mobile phone products with features meant to wow potential customers, but with the introduction of the latest Samsung Galaxy S20 Ultra, the South Korean technology giant is changing the face of photography with modern...

As it tries to sanitize the playing field, the FTC has announced an investigation into some of the biggest tech companies: Amazon, Apple, Facebook, Google and Microsoft.The Federal Trade Commission, FTC, has announced its decision to begin an investigation targeted at some tech giants. The Commission said that the investigation is to shine its spotlight on these companies’ acquisitions carried out in the past, that may not have been thoroughly scrutinized by the regulator. The tech giants...

German fintech bank N26 has told customers that it’s pulling out of the UK because it won’t have a license to operate there after Brexit. The company said it will close down all UK accounts on April 15 and is advising customers to transfer their funds to alternative bank accounts.German online bank N26 announced on Tuesday it is leaving the United Kingdom because, after Brexit, it will be enabled to operate there. The company said that “with the UK having left the EU at the end of January, we...

President Trump called four big tech companies with trillion-dollar market caps, Microsoft, Apple, Google and Amazon, the MAGA club. MAGA is also a short form of ‘Make America Great Again’, a favorite slogan of Trump and his supporters.United States President Donald Trump called out four tech giants for becoming a trillion-dollar companies – thanks to his merits. And not just that. We all remember his slogan ‘Make America Great Again’ (MAGA), right? Well, he went that far to call Microsoft,...

Samsung has unveiled a new foldable phone called Galaxy Z Flip. Its price will be $1,379.99. And the pre-orders start just in a couple of days, on February 14.In order to meet the teeming demand of users and to compete favorably with major rivals, South Korean Technology giant Samsung debuted a premium foldable smartphone with a flexible glass screen. So, it is the second smartphone with a flexible display in its franchise. Mobile communication giant Samsung has unveiled a new folding phone...

During the Samsung Unpacked event at San Francisco, people were able to see the new Galaxy S20 family: Samsung Galaxy S20, Galaxy S20+ and Galaxy S20 Ultra.Samsung has just rolled out its new smartphone family. As we have announced earlier, it was an important day for Samsung fans. Just a couple of hours ago the world had an opportunity to ee three new Samsung Galaxy S20 smartphones during the presentation in Munich. Those are S20, S20+, and the ultra-hardcore monster – S20 Ultra smartphones....

Monzo CEO Tom Blomfield believes that big traditional banks are killing the changes that ambitious companies are trying to bring to the fintech industry.The CEO and co-founder of Monzo Bank Ltd, a financial institution based in the United Kingdom, Tom Blomfield, has stated that big banks are set up to prevent fintech change. He also claimed that they are hunting out change and attempting to kill it.The British fintech entrepreneur does not believe big banks will ever experience a digital...