Tag Archives: Market News

In what seems to be an innovation, customer relationship management solutions company Salesforce has built its content management system. Reports indicate that the content management system was developed in-house rather than purchased by the company. The general concept is that organizations can be able to get content across to their clients using this system which is fully integrated with Salesforce’s family of products.According to claims by Salesforce, little or no technical knowledge is...

Silvergate Bank, a crypto-forward bank, has officially gone public on the New York Stock Exchange (NYSE). The initial public offering (IPO) has been a long time coming as plans to launch officially began last year.On Nov. 7, the NYSE’s official Twitter account posted a tweet confirming the IPO celebration as well as Silvergate’s ticker – NYSE: $SI.NYSE Opening Bell ?: Silvergate (NYSE: $SI) celebrates their IPO day https://t.co/FX3OQcP0dU— NYSE ? We Are Living Tech (@NYSE) November 7, 2019A...

In what can turn out to be one of the biggest takeovers, Xerox has put forward a cash-and-stock offer for computing giant Hewlett Packard. The latest report states that both companies are looking to cut costs and this merger can help them save around $2 billion in expenses.Xerox, which has specialized over the years in making printers and copiers, has an $8.5 billion market cap. This is one-third of the market cap of HP, currently valued at $27 billion. It is unclear how Xerox plans to go...

Volvo Cars is the newest car manufacturer that decided to join the Responsible Sourcing Blockchain Network (RSBN) – a cross-industry collaboration for responsible sourcing of minerals, with the focus on strengthening human rights and environmental protection in mineral supply chains.As per the report sent to CoinSpeaker the consortium is pioneering the use of IBM’s blockchain technology for accountability and compliance in the mining and production of minerals from the mine to the...

Vertical Research Partners is the first company that started covering Virgin Galactic, the space company founded by British billionaire Richard Branson. They gave it a “buy” rating and said its risk “is misunderstood.”In his letter to investors analyst Darryl Genovesi wrote:“We think the technical risk to SPCE’s human spaceflight program is less draconian than the stock appears to be pricing in.”Virgin Galactic had its IPO last week, following the realization of its merger with Chamath...

Xiaomi, which runs the race with Apple for the first position in the wearable sector, decided to add some spark into this race and make it more interesting.The Chinese electronics giant announced it is launching its first smartwatch. Dubbed the Mi Watch, the Chinese smartwatch looks pretty much the same as the Apple Watch.With its square body that has a crown and a button, it works with a 1.78-inch AMOLED display (326 ppi) that provides the always-on capacity and runs the company’s homegrown...

The Wall Street Bets, a Reddit branch dedicated to stock trading, is full of hot discussions around Robinhood. Traders were using the broken leverage system in the app to gain unbelievable profits. During his trade session, one of the traders had managed to turn $4,000 to one million thanks to the app’s code flaw that is still not fixed.The glitch allowed several other traders to access large amounts of illusive margin. A trader wrote that he had gained access to $50,000 of the funds while...

China-based smartphone manufacturing giant Xiaomi has a new offering in the market for its fans. Known for introducing budget handsets over the last few years, Xiaomi now brings its premium segment high-end smartphone, the Mi CC9 Pro. While the handset packs all premium hardware and powerful machine, the company has put a major focus on its camera.As smartphone manufacturers have lured customers by showcasing the device’s machine prowess, the camera is one segment that still continues to draw...

Ray Dalio is making many friends in the crypto community after sounding the alarm about the perilous conditions in the financial system. In a post entitled “The World Has Gone Mad and the System Is Broken,” the billionaire hedge fund manager outlines why something has to give amid unsustainable circumstances comprised of free money, government deficits,  underfunded pension and healthcare systems, and a rising wealth gap. Dalio mentions bitcoin zero times. But he strikes the right...

The IT company that backs Coca-Cola’s bottle manufacturing supply chain processes is apparently getting into blockchain technology.Dubbed Coke One North America (CONA), the company claims its pilot project that they are evolving together with software provider SAP is going to be widened from two to 70 of the manufacturers who are delivering the 160,000 bottles to Coca-Cola shops daily.The company said on Tuesday that this blockchain project is focusing on improving distribution for all of the...