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How CEEK and Microsoft are Solving Major Issues Facing Streaming Industry

Place/Date: - January 28th, 2020 at 9:01 am UTC · 3 min read Contact: CEEK, Source: CEEK VR Photo: CEEKThe streaming wars are heating up from Netflix to YouTube, Spotify, and Amazon. Today everyone is streaming digital content. This year alone it is estimated that the streaming industry will generate revenues of US$12.4 BILLION. One of perhaps the biggest issues facing the industry is TRUST. There is still a lot of distrust from content creators who believe that these companies are not...

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2 Red-Hot FAANG Stocks Are to Report Earnings This Week

As January draws to a close, the market is seriously anticipating the release of earnings reports from Apple and Facebook. Both companies, two of the world’s largest tech companies that make up the popular FAANG stocks, had a really great year in 2019. Before Wednesday when the last of these reports will be published, let’s take a look at their journey so far and what is expected.FAANG Stocks to AnticipateWhile the name comprises 5 different companies including Facebook, Apple, Amazon,...

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GE Healthcare IPO Expected to Overtake Airbnb and Be the Largest in 2020 with $60B Valuation

The initial public offering (IPO) market for 2020 is widely-anticipated in the finance industry. This is because more than a few companies last year, expressed intentions to go public sometime this year. While last year was a somewhat disappointing year for IPOs, 2020 is expected to be better. Top of the list is the GE Healthcare IPO and that of Airbnb as well.GE Healthcare IPO 2020American multinational healthcare manufacturing conglomerate GE Healthcare will go for an IPO this year. The...

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Dow Jones, S&P 500 Crash Stock Market as Confirmed Coronavirus Cases Rise Above 2,700

The stock market is already reacting to the spread of the deadly coronavirus. So far, futures on the Dow Jones, Nasdaq as well as the S&P 500 have all plunged as the coronavirus continues to spread even outside of China. The general atmosphere in the stock market is a little bothersome for many investors. Authorities in China and other countries have yet to find a solution to the problem.Coronavirus Hits the Stock MarketThe Dow Jones futures plunged by about 1.6% while futures on the...

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Visa, BNP Paribas Invest $80M into Fintech Startup Currencycloud

Recently, the UK fintech startup Currencycloud ran a series E funding round. Among the participants were Sapphire Ventures, Notion Capital, Anthemis, Accomplice, and Google’s venture wing GV. All of them supported Currencycloud earlier. Besides, the startup boasted it had attracted new investors. Visa, World Bank arm International Finance Corporation, BNP Paribas, Siam Commercial Bank and former Softbank spinoff SBI Group joined the round and invested as much as $80 million.The round has...

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Mastercard Partners with SoFi on Debit Card, Payment Products

Mastercard has been partnering with several other payment products and services providers aiming to grow its customer base throughout the world. In the latest news, Mastercard teamed up with SoFi, a digital personal finance company, on a lot of products and experiences. The new partnership will benefit SoFi’s almost one million customers, according to a press release from the companies.The new deal kicks off with the SoFi Money debit card, which is an offering that will exist on the...

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IBM Stock Rises Yesterday More Than in Last 10 Years

The New York Securities Exchange (NYSE) market shows the Wednesdays boost has resulted in a cool-down, with a visible 3% profit. IBM has its fourth-quarter sales stable from year to year, totaling $21.8 billion. However, IBM bought Red Hat on July 9, 2019. Then, promised a 60% premium bonus for the workers of Red Hat if they hurry up with developing the hybrid-cloud server software.IBM is showing a big interest in the open-source software company which is probably one of the few software...

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PayPal Partners with UnionPay to Expand Its Network in China

On Wednesday, it got about that American online payments company PayPal had partnered with UnionPay International (UPI), a subsidiary of the Chinese leading payment processor UnionPay. For both companies, the deal is a good way to expand their networks and penetrate into new markets.Jim Magats, senior vice president of global payments at PayPal, commented:“At PayPal, we are proud of this landmark agreement with UnionPay International and the global impact that this creates for our joint...

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Amazon Files Motion to Suspend Microsoft from $10 Billion JEDI Project

In an interesting turn of events, Amazon is seeking a court injunction against Microsoft. Amazon wants the courts to prevent Microsoft from continuing with the popular Pentagon cloud project until all related cases are resolved.Amazon Looks to Stop MicrosoftIn October last year, the U.S. Department of Defense (DoD) announced that it will be awarding Microsoft with the Pentagon contract. Called the Joint Enterprise Defense Infrastructure (JEDI), the project is worth $10 billion. At the time,...

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PornHub Adds Tron-Issued Tether (USDT) As Payment Option Following The PayPal Ban

Pornhub, the popular adult website, has updated its payment methods and has added Tether (USDT) as an option. Just months after PayPal stopped supporting the platform, the cryptocurrency world introduces a viable alternative.TRON and USDT On PornhubThe adult platform announced that it had added the most-widely used stablecoin Tether (USDT) as a new payment option. The report clarifies that USDT is backed by the U.S. dollar, “meaning one USDT token is equal to one U.S. dollar.” Furthermore, it...

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