Tag Archives: News

Google‘s parent company Alphabet Inc. announced on Monday that its revenue was $46.07 billion in the fourth quarter of 2019. That represents a rise of 17% on an annual basis. The company reported diluted earnings per share (EPS) at $15.35 in the same quarter that represents a growth of 20% year-over-year.Net income increased by 19.2% to $10.67 billion in the closing quarter of fiscal 2019. Operating income stood at $9.27 billion over the same period, rising 12.8% annually.For the whole year...

The “presidential crypto candidate” – many known him as Andrew Yang – is once again praising digital currency, stating that more people need to become involved in it.Andrew Yang Is Pro CryptoYang is an entrepreneur, lawyer and businessman who, similar with current U.S. President Donald Trump, is seeking an entry into the world’s political spectrum. Yang has often been very praising of cryptocurrency, saying it’s the future of finance and that the lack of education centered around crypto is...

Surojit Chatterjee, a former executive with Google, is being welcomed to the Coinbase team as the new chief product officer.Chatterjee – the Newest Member of the Coinbase FamilyIn a blog post, Chatterjee expressed his excitement over his new role and working with the crypto exchange, writing:I am excited about what crypto and blockchain technology can do to democratize our financial systems. I believe cryptocurrencies and blockchain technology can help open up the financial system for...

A businessman in Arizona named Reginald Fowler, who was slated to plead guilty for potentially lying to banks so he could open virtual currency trading branches, has said “no” to his current plea deal.Fowler Is Heading to CourtFowler once held a minority stake in the National Football League’s Minnesota Vikings. He has been accused of running an unlicensed money-transmitting business that would have potentially allowed users to sell, trade and purchase digital currencies. Initially, Fowler...

Can anyone be a billionaire? Maybe. I sat down with Dr. Morgan Shi – who is one of China’s most well-regarded experts in domestic and international investment as well as risk management – and asked about his philosophy, which investments brought him the most return, and what investment vehicles have the most upside. The following transcript has been edited for clarity.Are billionaires, or even millionaires, different in how they approach money and investment?Everyone has the opportunity to...

A new announcement has come from the American multinational computer technology corporation Oracle. The company has expanded its activity, adding new cloud computing data centers in five countries. Oracle new cloud locations are Saudi Arabia (Jeddah), Australia (Melbourne), Japan (Osaka), Canada (Montreal), and the Netherlands (Amsterdam).According to the company’s blog post, all of the countries mentioned are now available in the Oracle Cloud Console. Oracle has always strived to have at...

The Monetary Authority of Singapore (MAS) approved ICHX Tech Pte, iSTOX’s parent company, as a market operator on February 1, granting it a capital markets services license, Bloomberg reports. The approval sets iSTOX up as one of the first securities token platforms to receive this license, ICXH Tech stated.The license removes several restrictions from the platform, allowing the startup to increase the size of its issuance as well as the number of investors it can take on.iSTOX uses...

Most of the crypto assets in the market performed reasonably well last year, on average. Considerable price jumps were seen for the top assets even if a correction eventually followed. However, the market’s 3rd most valuable asset, XRP, did not have a lot of glory days. Regardless, it looks like 2020 just might be a great year for XRP price as the long bear market that has lasted 750 days, might be ending.XRP Set to RiseCurrently, XRP is trading at $0.25. The price, while not exactly...

It is most likely that Bitcoin will gain from a rapid drop in Asian stock markets due to the coronavirus menace. Crypto analysts believe that the flagship token will gain soon. Apart from that, the halving event is fast-approaching. Bitcoin is less than 99 days away from its halving event. Most of the market commentators are bullish on its impact.Bitcoin price smashed the $9,600 hurdle for the first time since November 2019. Nonetheless, the weekend session was also dominated by significant...

Elon Musk‘s Tesla Inc. is on a roll as the company’s stock price has surged nearly 100% in the last three months. Last Wednesday, January 29, Tesla released its Q4 2019 earnings taking Wall Street by a big surprise.Beating the analysts’ expectations, Tesla registered total sales of $7.38 billion against the street projections of $7.02 billion. The electric car maker posted an EPS of $2.14 against the expected $1.71. The company said that its Model 3 deliveries were up 45% YoY and it expects...