Tag Archives: Story of the Day

Microsoft co-founder Bill Gates has taken over Amazon founder Jeff Bezos as the world’s wealthiest person. The Bloomberg billionaires index, which tracks the net worth of the world’s wealthiest, has indicated that Gates has overtaken Bezos based on an over 40% increase in his 1% stake in technology giant Microsoft and his investments in his family office Cascade. For the first time in two years, Gates has taken over the top spot after reports emerged that the United States Department of...

In what seems like a story out of spy movies, the Russian service of the British Broadcasting Corporation (BBC) has allegedly linked about $450 million of missing crypto assets from the long moribund cryptocurrency exchange Wex with to Russia Federal Security Bureau (FSB).The BBC has for six years been investigating the collapse of BTC-e which many have believed was a front for the alleged laundering of over $4 billion worth of Bitcoins and why Alexander Vinnik is being accused of the same....

Microsoft has hinted that its upcoming game streaming service xCloud, will be officially launched next year. The company has also announced a few new games that will be launched along with xCloud and will also be available on the current Game Pass feature available.At the company’s XO19 Xbox event currently ongoing in London, Microsoft made the revelation about xCloud, adding further details including that all xCloud subscribers will have access to the over 100 games available currently on...

Alibaba Group Holding Ltd., has announced pricing for its soon-to-come share listing in Hong Kong. Estimated to have a target to raise $13.8 billion, the company will be selling 12.5 million shares exclusively to retail investors and has pegged it at HK$188 per share. Roughly $24, the sale will easily take its place as Hong Kong’s most expensive initial sale in history.The company plans to sell a total of 500 million ordinary shares in the Hong Kong listing, finally placing its focus on the...

After consolidating its position above $8700 levels for the past few days, the Bitcoin price crashed another 1% today. At press time, Bitcoin is trading at $8640 with a market cap of $155 billion.The latest price drop comes as Bitcoin has been a victim of sideways trading ever since it failed to sustain above $9000. With this move, Bitcoin has slipped below its major support of $8700. This move has clearly raised the exposure of further slipping to its next support of $8550.Over the last...

Social media giant Facebook Inc. has now decided to consolidate all of its payment services under a single umbrella. On Tuesday, November 12, Facebook announced its Facebook Pay platform which would facilitate ” a convenient, secure and consistent payment experience across Facebook, Messenger, Instagram and WhatsApp”.Facebook’s announcement comes just in a week’s time after it announced a new parent company logo as part of its rebranding efforts. The social media giant said that a lot of its...

An American multinational technology company Apple is on the threshold of presenting a new product. The company is going to introduce a new version of the MacBook Pro laptop. As Apple has said, the new laptop will be greatly improved.16-inch MacBook Pro to Replace 15-inch Model – Will ‘Cost About the Same’ #AppleNews https://t.co/VZgPMPx259 pic.twitter.com/XxyLUDnkUv— MacTrast (@MacTrast) November 12, 2019Firstly, MacBook Pro moves from a 15-inch screen. The new 16-inch MacBook Pro will have...

It seems Google has secretly gathered impressive volumes of patient records across 21 states on behalf of a health care provider. It is supposed to have been done via a project that is dubbed “Project Nightingale.”According to Wall Street Journal, nobody – both patients and doctors – were aware of this effort.As per WSJ the data that was collected in this program includes “lab results, doctor diagnoses and hospitalization records, among other categories, and amounts to complete health...

Photo: RBCThe biggest Canadian bank, Royal Bank of Canada (RBC), might just possibly launch its own cryptocurrency trading platform. Media sources familiar with the situation said that RBC, that has more than $965 billion in total assets, has applied for four patents in Canada and the U.S. Those patents, according to the sources are showing the ways of how it could integrate cryptocurrencies into its operations.As per the patent: “To individual users, managing cryptographic keys and...

According to a recent Bloomberg story citing people familiar with the situation, an unconfirmed partnership in the global automobile industry is in the offing. Current reports have it that the Jaguar Land Rover (JLR) parent company Tata Group has made decisive moves seeking partnerships with German multinational BMW AG, and China’s Zhejiang Geely Holding Group Co.Apparently, Tata Group has reached out to these two major firms, but is also looking to find more partners and might seal...