Tag Archives: News

Peloton Interactive Inc., a fitness company popular for its engaging workout routines run on its exercise equipment, has announced on Wednesday, its decision to fix its share price at $29 each, for its initial public offering (IPO). The company’s press release announces that the public offering will begin today September 26 with the “PTON” ticker code and will offer 40 million shares of its Class A common stock.Peloton is looking to raise $1.16 billion with a minimum of $8 billion as the...

Everybody is aware of the scandals that undermined trust in the social networking giant Facebook. According to Mark Zuckerberg, the company didn’t pay proper attention to protecting privacy, that’s why the company had to deal with the consequences of data leak and the spread of fake news. To fix this, Facebook’s CEO is all set to make everything, including Libra, right.Speaking in an interview with Asia-based news outlet Nikkei, Mark Zuckerberg said:“In the last few years, there are a lot of...

Photo: The Amazon blogAmazon yesterday unveiled quite a lot of new updates to the Echo and a few new addons as well. A few new commands to Alexa were also featured and the new option of having a celebrity voice came on as well.Amazon outdid themselves this time with more versions of Echo than you’d expect. Another interesting feature is the echo show which functions as more like a glowing orb which changes colors according to the beat of any music playing in the background. This among other...

While there are hundreds of scams, some large and some small ones – a few grand ones have shaken the very collective psyche of the crypto community. Remember BitConnect that ran a scam lending program and cheated thousands of its customers?The company and its founders are still fighting multiple lawsuits. Or Pincoin and iFan, the Vietnamese project that raised more than $650 million and then went bust? How about OneCoin that turned out to be a Ponzi scheme with authorities recovering more...

As we reported on Wednesday, proceedings for an official impeachment enquiry against U.S. President Donald Trump, was announced by Nancy Pelosi, the Speaker of the House of Representatives, shocking the entire country and the world at large. When this news spread, a lot of people considered what possible effects the situation could have both for the U.S. Stock Market as well as the prolonged trade tensions with China. Now, it would seem that fears have been allayed a bit, as the stock market...

Litecoin price declined heavily and broke the $62.00 support area against the US Dollar.LTC price is traded towards the $50.00 support area and it is currently consolidating losses.There was a break below a major bullish trend line with support near $71.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face resistance near $60.00 or $62.80.Litecoin price is trading in a bearish zone against the US Dollar and bitcoin. LTC...

Speaking to the German federal parliament Bundestag on Wednesday, Benoit Coeure, a member of the Executive Board of the European Central Bank (ECB) said that Facebook’s currency Libra could possibly fix some of the troubling issues that exist at the international payments market. However, he warned that, on the other hand, it might create other problems that will need regulators to act more liberal and creative. He said:“Libra has undoubtedly been a wakeup call for central banks and...

California based financial company SoFi announced it added crypto trading to its fast-growing SoFi Invest platform and that the live trading will begin on next Tuesday. Among the first cryptocurrencies that will be added for trade on SoFi Invest platform are Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).As per the announcement, the idea came as a reaction to demand from its network that has more than 800,000 members. Beginning next week, SoFi Invest will become the first platform that...

Binance, arguably the largest and most popular cryptocurrency exchange in the world, is giving U.S. customers the chance to deposit up to five new cryptocurrencies into their accounts. These assets include Stellar, Cardano, Ethereum Classic and BAT.Binance Expands Its U.S. HorizonsAt press time, the exchange offers primarily mainstream cryptocurrencies with large market caps. These include bitcoin, BNB – the exchange’s own cryptocurrency – Ethereum, Ripple’s XRP, Litecoin, bitcoin cash and...

Photo: yuga.ruBillboards are usually used as an ad, announcement for different happenings, commercial for stores, etc. Rarely, they can be used as messaging boards to someone you know. We were witnessing some political parties with their messages inviting the local community to vote for them, we even witnessed proposals. However, the crew from Russian Kuban region had something else in mind – and boy, was it original.They decided to invite a famous entrepreneur and Tesla CEO Elon Musk to...