Wednesday , July 24 2024
Home / Libra (LBA) & Facebook (page 20)

Libra (LBA) & Facebook

Elon Musk Calls Coronavirus Panic ‘Dumb’ while Tech Companies Take Control Measures

It seems that Tesla CEO Elon Musk is not afraid of the coronavirus and is not going to panic while other giant tech companies are advising their employees to work remotely.Tesla Inc (NASDAQ: TSLA) CEO Elon Musk through a tweet disregarded the ongoing coronavirus panic where he called it ‘dump’. His comment seems to have been welcomed well by a huge group of his followers, where the tweet had hit 1.1M likes at the time of writing.The coronavirus panic is dumb— Elon Musk (@elonmusk) March 6,...

Read More »

Facebook (FB) Stock Dips 3.45% in Premarket as Company Takes Measures Due to Coronavirus

Facebook (FB) stock has negatively reacted to the current situation in the U.S. caused by the coronavirus outbreak and all the related risks.Facebook Inc (NASDAQ: FB) stock has dipped 3.45% in the premarket to trade below $190 price level as the company is advising its employees from the greater Bay Area to stay at home due to fears of coronavirus spread in the locality. The instructions to cancel any work trip will affect its California headquarters and also it’s Menlo Park.This a huge blow...

Read More »

INX Wants to Hold a 130 Million IPO in New York Jurisdiction

INX IPO will launch soon in New York, security exchange from Gibraltar is planning to change the industry with fully regulated trades. The exchange will feature extended compliance and two separate trading layers – for crypto and for classic securities.This could be one of the biggest business deals in the history of cryptocurrency. INX Ltd., entering a 130 million IPO stage, wants to establish in New York to avoid problems with almighty regulators. Smart move, considering that people like...

Read More »

Amazon, Google, Microsoft, Facebook in Seattle Working from Home Due to Coronavirus

Amazon, Facebook, Google and Microsoft are all encouraging employees in the Seattle area to work from home due to concerns about the coronavirus as the outbreak in Washington grows.The coronavirus grew more deadly in the United States, with the death toll climbing to 12 on Thursday. Throughout the country, more than 225 cases have been confirmed. Yesterday, U.S. Senate has agreed on an $8 billion emergency funding package that is headed to the President. Lawmakers across the country are...

Read More »

Microsoft (MSFT) Stock Down 2.51%, Two Employees Infected with Coronavirus

While the coronavirus fears are spreading in the U.S., many tech giants are under their influence as well. MSFT stock lost over 2% yesterday and continues falling in the premarket.Microsoft Corporation (NASDAQ: MSFT) reported that two of its employees in Washington state have been infected with the coronavirus.Meanwhile, Microsoft stock yesterday lost 2.51% and fell to the level of $166.27. The current market cap of the company is 1.26 trillion. In the premarket, MSFT continues falling while...

Read More »

TSLA Stock Is Still Number One among Most Shorted Stock with $12 Billion

Tesla (TSLA) stock is the most shorted stock on the market. Over the last seven days, its short-sellers made $1.1 billion. It runs neck-and-neck with Apple.While coronavirus is devastating the market, Tesla Inc (NASDAQ: TSLA) stock is still number one among most shorted stocks. According to fintech company S3 Partners, over the last seven trading days, short-sellers made a total of $51.3 billion. $1.1 billion of the mark-to-market profit belongs to Tesla’s short-sellers. However, the gains do...

Read More »

Libra Is Taking on New Form as a Payment Network

Are we about to see some major changes coming to Libra?Libra Is Taking On a Whole New FormThe words “changes coming” probably aren’t entirely accurate, as Libra has not been released to the public just yet, though up to this point, the currency has widely been suggested as a single asset rather than a string of combined ones making up a payment network. This is the form that Libra executives now say the project will take on.Libra was originally going to be a stable currency supported by...

Read More »

Facebook (FB) Stock Gained 3.16%, Facebook Confirms Contractor Tested Coronavirus Positive

Facebook has announced that one of its contractors is infected with the coronavirus. Though FB stock gained yesterday, it is falling in the premarket.Facebook Inc (NASDAQ: FB) reported that their worker, from Seattle headquarters, has been diagnosed with the coronavirus. This is the first known infection inside the company. Meanwhile, Facebook (FB) stock is not going to lose its positions, though in teh premarket it is down.The employee has been in Facebook’s Stadium East office in Seattle on...

Read More »

Libra Wallet wird auch Fiat-Währungen speichern können

Eigentlich war Facebooks Cryptocoin Libra für Anfang 2020 geplant. Doch nachdem Zentralbanken mehrerer Länder ihre Bedenken geäußert hatten, sah es schlecht aus, für eine Zulassung. Facebook überdachte sein Konzept und hat nun neue Informationen – vor allem zur Wallet Calibra – veröffentlicht.Crypto News: Libra Wallet wird auch Fiat-Währungen speichern könnenDer Libra ist weiterhin in der Mache. Er wird als Stablecoin auf den Markt kommen, jedoch nun noch enger mit Fiat-Währungen verknüpft...

Read More »

Facebook to Develop Several Fiat-Pegged Digital Currencies in Addition to Libra

Facebook has changed plans for crypto and has decided to develop and issue multiple digital fiat-pegged assets in addition to Libra.Facebook Inc (NASDAQ: FB) has had a rough time with regulatory authorities and the U.S. government since it announced plans for a digital currency. When Facebook unveiled plans for the Libra, it probably did not expect the amount of backlash it got in response. Many institutions were worried about the power the Facebook company has and how it could affect how...

Read More »