Tag Archives: Companies

The growing internet of things (IoT) segment hasn’t been showing any signs of weakening for now. As per IDC, 41.6 billion devices, including smartphones and smart home assistants, should be connected to the internet by the year 2025. The whole market is expected to be worth around $24.88 billion by 2022,At IoT Solutions World Congress on Monday, Microsoft announced new capabilities in its cloud computing service Azure in order to “simplify” the whole process for its customers and deliver...

One of the biggest bitcoin miner manufacturers, the Avalon Bitcoin miner Canaan Creative, publicly filed for a U.S. Initial Public Offering (IPO) on Monday, with big names as underwriters. Credit Suisse, Galaxy Digital, Citigroup, China Renaissance, CMBI, Huatai Securities and Tiger brokers are obliged to pay for and accept delivery of the ADSs offered by this prospectus.The second-largest manufacturer of ASIC mining hardware after Bitmain, Canaan plans to list its shares on Nasdaq under the...

In what sounds like the makings of the plot of a telenovela series, top crypto billionaire and founder of cryptocurrency mining giant Bitmain Micree  Ketuan Zhan has been forced out of his own company where he holds about 60% control. CEO and fellow co-founder Jihan Wu has terminated all the day-to-day working positions and responsibilities that Micree Zhan had and held within the organization down to the deletion of his e-mail and denial of access to Bitmain’s premises.Bitmain, meanwhile,...

Photo: Bitfinex / TwitterCryptocurrency exchange Bitfinex’s new token platform Bitfinex Token Sales recently announced its first project, K.IM, the decentralized new P2P digital content, and monetization platform brought to you by Kim Dotcom.In a press release that the company shared with the Coinspeaker, it is said that K.im was created in order to merge internet with the Bitcoin so there could be a platform that allows artists, content creators and digital businesses to sell their content...

Just a few days after Facebook officially announced its News feature in collaboration with more than a few major media outfits, the social media giant has announced the launch of a new tool but this time in the health department. The new offering will work in collaboration with several health organizations in the U.S. to help people access health resources much easier as well as design ways to prevent health issues.Dubbed “Preventive Health”, the tool will also set up reminders for users to...

In what has been seen by many as a move into the fitness sector, Alphabet Inc. parent company of Google has been in talks with fitness device manufacturer Fitbit for the prospects of acquisition. Alphabet Inc. has been eyeing the wearable fitness device for some time and this could be a culmination of the innovative company’s intentions to get a slice of the fitness pie.Sources familiar with the matter indicate that while Alphabet is already at par with other device makers in terms of devices...

MasterCard announced that it is partnering with food track-and-trace software provider Envisible. Through that partnership, the companies will create a blockchain-based supply chain platform that will enable supermarkets to trace the origin of seafood sold at Topco Associates. Topco is a $14 billion food cooperative that is based in Illinois.Envisible’s new Wholechain traceability infrastructure will be powered by Mastercard’s blockchain-based Provenance Solution service. Announced on October...

While Facebook continues its arduous battle with U.S. authorities regarding the launch of its Libra digital currency, China seems to be making a lot more progress not just with the development of its own Central Bank Digital Currency (CBDC), but also with the acceptance of the technology in the country, especially after the President’s statement. Now, an ex-government official has said that China’s CBDC will definitely be the first in the world, to issue a properly applicable...

Users of Apple‘s products have got used to the fact that the American tech giant surprises with new developments quite often. Today, the company has introduced its new device – AirPods Pro, wireless earbuds that feature active noise cancellation and promise perfect sounding.According to the data provided by the company’s press release, the upgraded AirPods Pro equipped with an outward-facing microphone that detects external sound and makes the earbuds extremely useful while...

Sir Richard Branson’s private space tourism company Virgin Galactic Inc. started its trading on the New York Stock Exchange (NYSE) via a direct listing at $12.10 on Monday under the ticker “SPCE”.The move comes after the Galactic merged with Chamath Palihapitiya’s venture Social Capital Hedosophia that gave the new company a combined valuation of $1.5 billion. Branson kept a 51% stake in the business.CEO George Whitesides said:“Virgin Galactic is making history again today as it becomes the...