Crypto EcoBlog
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...
Read More »Tesla Tests Its Solarglass in the U.S. as It Prepares to Expand to Europe and China
Tesla has been ramping up installations of its solar tiles roofs (Solarglass) in the United States as it is planning to venture new markets in Europe and also in China.Tesla has been installing its new solar tile roofs alias Solarglass in the San Francisco Bay area to its customers since it launched the program in October last year. According to the Company’s CEO Elon Musk through a series of tweets, the company is looking for new markets in Europe and also in China.Europe & China timing...
Read More »Big Chinese Companies Asking for Loans to Fight Coronavirus
More than 300 Chinese firms including Meituan Dianping, China’s largest food delivery company, and smartphone maker Xiaomi Corp are seeking for bank loans totaling at least 57.4 billion yuan ($8.2 billion) to soften the impact of the coronavirus.Approximately 300 Chinese companies are in search of bank loans amid rising concerns on the coronavirus spread.The total of loans banks are asking for is around 57.4 billion yuan ($8.2 billion).The sources told Reuters that the government has totally...
Read More »Tesla Stock Surges 9% on Reports of Resuming Shanghai Factory Production
Tesla(TSLA) stock has been witnessing wild trading over the last days as the company announces its decision to resume the production at its Shanghai gigafactory after the delay due to the coronavirus outbreak.Tesla (TSLA) stock has been on the radar of the investors after its massive price surge this year. So far, since the beginning of 2020, the Tesla stock has surged over 90% taking the company valuations close to $150 billion.After an unprecedented surge to $965 levels last week, the stock...
Read More »Airbus Stock Price Rises as Company Unveils ‘BWB’ Plane Design
The Airbus stock price is rising, and the only danger seems to be the coronavirus attack that has a negative influence on businesses. The company has recently shown its new plane, possibly revolutionary and certainly stylish.Airbus has proudly presented a new type of plane on several air shows. The new plane has blended wing body design, which is a rare thing. Also, it’s a stylish thing which emits 20% less carbon than other similar models.The project’s codename is Maveric, it’s a 10.5 feet...
Read More »Ethereum Price Is at $223 as Plasma Group Wants to Save Ethereum Scalability with Optimism
ETH price is increasing, however, there are still issues related to transaction capacity. The Optimism startup, that once was the research-oriented Plasma Group, wants to address these problems.The Ethereum network is constantly searching the ways of improving transaction volume. The startup Optimism is now trying to lead the charge. Since the network’s output is pretty much defined to approximately 15 transactions per second, Ethereum cannot become an extensive platform for automating...
Read More »Bitcoin, Gold and Dollars Look Safe for Investors as Coronavirus Deaths in China Top 1,000
The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.Investors are seeking safety in gold, the dollars and also Bitcoin as the coronavirus outbreak death toll in mainland China alone hit 1000. The virus has spread in a dozen other countries across the globe, raising a red alert to investors who are wary of the likelihood of an economic recession.As a result of the coronavirus outbreak, big investment...
Read More »Coronavirus Could Be the Reason for China’s Smartphone Shipments to Drop 30%
According to IDC, Chinese consumers may abandon the idea to adopt 5G-enabled phones due to the influence of coronavirus, despite the fact that Chinese makers are offering premium models that take advantage of next-generation networks.With the further spread of coronavirus, Chinese business faces a new challenge. At the end of Q1 2020 that ends in March, China’s smartphone shipments could drop by over 30%.International Data Corporation (IDC) stated:“The coronavirus outbreak impacted the Lunar...
Read More »Amazon Mulls Questioning Trump over Losing $10B Pentagon’s JEDI Contract
Amazon Web Services (AWS) said in the filing that it wants to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis over a $10 billion Pentagon’s JEDI contract awarded to Microsoft.Amazon Web Services (AWS) spokesperson blames United States President Donald Trump for using his executive powers in order “to advance his personal agenda.” They also claim that the example of this was awarding of the $10 billion Joint Enterprise Defense...
Read More »What We’ll See at Samsung Unpacked Today: Galaxy S20, Z Flip Foldable, Galaxy Buds Plus
Samsung Unpacked event 2020 is set today. The company is expected to release to the market its new devices including Galaxy S20, Z Flip foldable and also Galaxy Buds Plus.Samsung Unpacked 2020 event is set to take place today at 2 PM ET/ 11 AM PT as announced earlier through its official web page. Samsung is one of the world’s largest phone maker. That’s why it is a huge tech day as the company is set to unveil its new flagship foldable devices that will compete with other devices already in...
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