The United States-based crypto exchange Coinbase has proposed the use of cryptocurrencies to help ensure compliance with economic sanctions. The recommendation comes along with highlighting the ease o...
Tag: Tech
PwC: Blockchain Tech Could Add $1.76 Trillion to Global GDP by 2030
PricewaterhouseCoopers’ (PwC) recently published Time for Trust report indicates that the firm’s economists have a great deal of optimism for blockchain technology. The analysis suggests that the tech...
The tech company Grammarly is donating its Russian profits to Ukraine — Quartz at Work
As the war in Ukraine continues, the list of businesses cutting ties to Russia grows. It now includes Apple, Nike, Microsoft, Volkswagen, Meta, and Boeing. Max Lytvyn and Alex Shevchenko, the Ukrainia...
Cloud Stocks Have Become a Haven in Tech. 4 Stocks to Buy.
As the world emerges from the pandemic, tech companies have been put in a tough spot. They’re under pressure to sustain pandemic-era boosts, and many of them have struggled to meet the challenge, incl...
Valve’s Gabe Newell doesn’t like the ‘super sketchy’ use of blockchain tech in gaming
advertisement In the midst of hyping up Steam’s new handheld console, Valve president Gabe Newell explains why he’s skeptical of blockchain-based technology such as non-fungible tokens (NFTs) and cryp...
Russia’s Biggest Tech Giant Yandex Warns of Default – Trustnodes
Russia’s Google, Yandex, has warned it might have to default following the suspension of shares trading on February 25th, a day after Russia invaded Ukraine. The Moscow Stock Exchange has still not op...
How Apple, Big Tech benefit from taking on Russia
Silicon Valley’s tech giants are joining the rest of the business world in pulling their products and services from Russia. Companies like Apple (AAPL) have cut ties to the Russian market entirely to ...
Chinese Web Giant Tencent Cuts Transaction Fees For SMEs On WeChat
A Chinese vendor stands next to a QR code customers scan to pay via the WeChat app at a local market … [+]t in Beijing, China. (Photo by Kevin Frayer/Getty Images) Getty Images Chinese web giant...
Jim Cramer warns investors still betting on high-growth tech stocks
CNBC’s Jim Cramer on Thursday cautioned investors that buying the dip on high-growth tech stocks is a losing strategy in today’s turbulent market. “The era of beat and raise and buy ...
Big tech against Russia: Apple suspends sales of its products
Apple has decided to stop selling its products in Russia in response to the invasion of Ukraine by Moscow’s military forces. It is the latest big tech company to take drastic action against the nation...
Tech private equity investor Orlando Bravo says the mantra of ‘growth at all costs’ is over
(Click here to subscribe to the Delivering Alpha newsletter.) Software has been one of the worst-performing sectors this year amid a rising rate environment and geopolitical tensions overseas. This c...
Huobi Tech Launched Block Trading for Cryptocurrencies
Huobi Technology Holdings Limited announced it is launching over-the-counter (OTC) service for digital assets. The service is offering block trading in virtual assets for institutional investors. Q4 2...
Crypto Market Rebounds As Tech firms Boycott Russia
This morning, the crypto market registered gains, with most top 10 cryptocurrencies registering positive numbers over the past 24 hours. In a move to support Ukraine Apple has joined other major tech ...
Takeprofit Tech Promotes Valerie Styazhkova as Cyprus Office Head
Fintech provider, Takeprofit Tech, which is based in Russia and Cyprus, announced on Wednesday that it has promoted Valerie Styazhkova to the Head of its Cyprus office. In the new role, she will be re...
China’s tech giants face a domestic backlash for exiting Russia — Quartz
US and European firms have scrambled to comply with sweeping western sanctions issued in response to Russia’s invasion of Ukraine. But for many Chinese tech companies, it will be tough to satisfy both...
MIT Sees Ethereum’s PoS as Game Changing Tech
Ranked sixth among the top 10 technological breakthroughs of 2022, the Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will...
JP Morgan forays into blockchain tech with this new ‘strategic investment’
After becoming the first bank to dive into the metaverse, JPMorgan Chase (JPM) has announced a “strategic investment” in blockchain startup TRM Labs. On the current investment, Esteban Castaño, Co-Fou...
Is The Worst Over For China’s Internet Giants?
Signage displayed at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Monday, Feb. … [+] 21, 2022. (Photo by Qilai Shen/Bloomberg) © 2022 Bloomberg Finance LP China’s largest i...
Music Maven Ted Lucas Embraces Tech To Close Black Wealth Gap
MIAMI BEACH, FL – OCTOBER 06: Plies, Trick Daddy, T-Pain, Rick Ross, and DJ Khaled perform onstage … [+] during the BET Hip Hop Awards 2017 at The Fillmore Miami Beach at the Jackie Gleaso...
China’s Overtime Culture Under Scrutiny After Tech Worker’s Death
People walk past the headquarters of ByteDance, the parent company of video sharing app TikTok, in … [+] Beijing on September 16, 2020. GREG BAKER/AFP via Getty Images ByteDance, operator of the...
Are tech stocks now a screaming buy?
Although it may be tempting to really back up the truck on beat up tech stocks, patience and a long-term investment horizon are needed right now, cautions one veteran tech analyst. “If you have ...
China Tech Rout Resumes on Policy Jitters Before Alibaba Results
(Bloomberg) — Chinese technology stocks tumbled by the most in seven weeks, tracking a broader selloff due to tensions in Ukraine, with investors weighing the risk of further regulatory tighteni...
Hedge funds are hating on tech stocks
The momentum-chasing hedgies are hating on tech stocks, according to new data from Goldman Sachs analysts on a fresh round of 13F filings. “The latest filings show hedge funds positioning for a ...
London Stock Exchange Acquires Cloud-based Tech Provider TORA for $325M
London Stock Exchange Group (LSEG) plans to acquire U.S. cloud-based technology provider TORA for $325 million, Reuters reported on February 22. The acquisition will add digital currency assets to it...
Solidus AI Tech Raises $5.4 Million in Funding and Unveils New Partners – Press release Bitcoin News
press release PRESS RELEASE. High-performance computing (HPC) company Solidus AI Tech has raised $5.4 million and are now entering their 3rd round of funding. Solidus AI Tech is working to solve the p...
Tech Stocks Get a Bear-Market Scare. What Could Come Next.
As Russian forces were pouring over the border into Ukraine, the tech sector briefly tumbled into a bear market on Thursday. Both the Nasdaq 100 and the Nasdaq Composite fell enough that morning to ex...