Tag Archives: News

The German automaker Daimler AG’s brand Mercedes-Benz decided to postpone the presentation of its latest electric vehicle in the United States after the sales for electric SUVs by Audi and Jaguar came to be pretty disappointing.The introduction of the EQC crossover model, the first-ever electric SUV by Mercedes Benz, to the U.S. will probably happen in 2021, a year later than previously expected.As per the company’s official statement, Europe is the ever-growing market for the new model and...

Blockchain technology by most standards is still quite nascent. Regardless, there are already quite a few impressive applications of the technology, with constant efforts at development. The first and probably the most popular use of blockchain is the Bitcoin cryptocurrency, which went live over a decade ago. However, since then, applications have been seen in several different sectors including finance and healthcare. Because it is still somewhat new, there is still a lot of room for...

Uber wants to increase its investments in the micro-mobility industry, especially in Europe. Apparently they believe that the demand for this kind of service will only increase. “We want to double down on micro-mobility. We have seen how beautifully it works with our core business and ride-sharing, and want to invest more and deeper, especially in Europe,” commented Christian Freese, the head of EMEA at Jump.In 2018, Uber bought Jump – a bike-sharing service based in the U.S. Ever since then...

Boeing mulls pausing Boeing 737 max production as the possibilities for regulatory clearance for the grounded plane’s comeback will probably happen after January 2020.A decision is expected soon as Boeing’s directors are already reviewing the manufacturing plans for the 737 program, the company’s biggest source of cash.Usually, the board would set the company’s dividend for the coming year and decide on its share repurchases. However, the latter was suspended while Boeing deals with the...

United States trade representative Robert Lighthizer said on Sunday that the “phase one” of the U.S.-China trade deal is “totally done”. Among several conditions, one of them is regarding China buying more of U.S. agricultural products. As per Lighthizer’s words, the U.S. exports to China will be doubled from now on. He added that the exact date and location for signing the agreement are to be determined.The thing is, the tensions among the two countries were rapidly growing during the last...

In a new twist of a series of events, it has emerged that Bytedance, the owner of TikTok, the popular Chinese video-sharing social video sharing network, has registered a new company.Sources indicate that Bytedance in association with Shanghai Dongfang Newspaper Co. registered a company earlier this month named Pengpai Audiovisual Technology Co. The company is said to offer several blockchain technology development services, AI public services, internet data services, AI application...

Fidelity Digital Assets, the digital currency arm of financial giant Fidelity Investments, plans to add support for Ether token next year in 2020. Tom Jessop, the president of Fidelity Digital Assets, made the announcement during an interview with The Block last Saturday, December 13.Jessop added that the final decision of Fidelity Digital Assets depends only upon evaluating the market demand for ETH support. Launched earlier this year, Fidelity Digital Assets specializes in offering...

Bill Gates is known as the co-founder of Microsoft and one of the richest people in the world. But he doesn’t have a reputation of the genius/billionaire who reads a lot of fiction (though he admits that loves reading). The book that has greatly impressed him is called “The Rosie Project” by Graeme Simsion, and Bill absolutely loves it. He says that it has it all – it makes readers laugh, cry, think, and the main character is so vivid that, in Gates’s thoughts, anyone can relate to. He...

Stellar lumen price is declining below the key $0.0550 support area against the US Dollar.XLM price is currently struggling to stay above the $0.0500 support area.There is a crucial bearish trend line forming with resistance near $0.0528 on the 4-hours chart (data feed via Kraken).The pair could tumble if the bears gain strength below the key $0.0500 support area.Stellar lumen price is gaining bearish momentum against the US Dollar and bitcoin. XLM price must recover above $0.0550 to avoid...

Ripple price is declining and it is trading below the $0.2200 pivot area against the US dollar.The price is likely to continue lower towards the $0.2100 and $0.2050 support levels.There is a key bearish trend line forming with resistance near $0.2180 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below the $0.2100 support area could accelerate decline towards $0.2020.Ripple price is facing an increase in selling pressure below $0.2200 against the US...