On Monday, Euroclear, a securities clearing firm that claims it has over 37.6 trillion euros in assets under custody, announced an investment into Fnality, a consortium of financial institutions focus...
Tag: Technology
Ford F-150 Lightning’s range beats Rivian electric pickups, lags GMC
2022 Ford F-150 Lightning Ford DETROIT – Ford Motor’s 2022 F-150 Lightning pickup will have an electric range of up to 320 miles, according to final Environmental Protection Agency estimates rel...
NELO’s Grand Entrance Into The World Of Blockchain Technology
NELO is a blockchain platform that was launched to provide a solution to the scalability problem. It is the first project to use the delegated proof-of-stake algorithm. DPoS is a voting system where u...
Shopify’s Stock Is Falling Again After 50% Four-Day Rally
Text size There was no company-specific news to explain last week’s rally in Shopify stock, or Monday’s slump. Dreamstime The wild gyrations in Shopify shares offer a clear demonstration o...
Aviation internet market ripe for overhaul
A passenger plane takes off from Frankfurt Airport. The aviation industry is particularly hard hit by the effects of the global Corona pandemic. Picture alliance | Getty Images WASHINGTON – Elon Musk&...
U.S. space companies to benefit from Russia pullback: Quilty Analytics
A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022. SpaceX Russia is rapidly cutting itself off from much of the global space industry in response to Western sanctions due t...
The Routing Company lets you hail a ride on public transit
The Routing Company powers on-demand bus and shuttle service for public transit agencies. Courtesy: The Routing Company The Routing Company is rolling out apps that bring the convenience of on-demand ...
Blockchain Startup’s Digital Identity Solution Made Available to 50,000 Zimbabwean Patients – Technology Bitcoin News
Flexid Technologies, a blockchain startup promoting the use of digital identities, said its solution was recently used by thousands of Zimbabwean households and patients that participated in a local h...
Anaplan Stock Surges on Deal to Be Bought by Thoma Bravo for $10.7 Billion
Text size Photograph by Michael Nagle/Bloomberg Anaplan , a provider of business-planning software, agreed to be acquired by private-equity firm Thoma Bravo for $66 a share, or $10.7 billion. The offe...
Edge Technology Designed to Optimize
The field of cryptocurrencies has gone a long way in the past few years. From a niche market where only the selected few even understood what was going on to a multi-trillion dollar industry attractin...
Green Startups, Flush With Cash, Face Pressure to Make Climate Advances
Green startups hit the lottery last year. Investors have turned cautious since then, putting added pressure on the cash-rich companies to deliver better batteries, more sustainable materials and zippy...
Centralized Technology Servers Are Running Rampant
Web3 Problems: The struggle is real. Companies may use the word “blockchain” or “Web3.” But this in no way means they are truly decentralized in nature, says Josh Neuroth of Ankr. Here’s the fix. We c...
Disney CEO Chapek under pressure, at odds with ex-boss Bob Iger
Bob Iger, left, and Bob Chapek of Disney Charley Gallay | Getty Images; Patrick T. Fallon | Bloomberg | Getty Images April 12, 2020. That’s the day former Disney CEO Bob Iger’s relationshi...
Former Apple employee charged with defrauding $10 million
A former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money, federal prosecutors said. Dhirendra P...
GameStop No Longer a Top Draw At Reddit’s WallStreetBets Poker Table
Do you recall the cult of GameStop (GME) – Get GameStop Corp. Class A Report on Reddit’s popular online investing community WallStreetBets? It was a match made in heaven or well, technica...
Berkshire-Backed StoneCo Issues a Bullish Outlook. The Stock Is Soaring.
Text size Dreamstime Shares of Brazilian payment processor StoneCo were skyrocketing Friday after Citi upgraded the stock, citing an attractive valuation and the company’s strong outlook for the first...
The Stock Market Just Had Its Biggest Rally Since 2020. Enjoy It While It Lasts.
Text size It was the largest weekly gain for all three major U.S. indexes since November 2020. Michael Nagle/Bloomberg Drop a ball off a balcony, and it will bounce. Drop the market off an all-time hi...
Largest cryptocurrencies mixed as Cardano rises
The largest cryptocurrencies were mixed during morning trading on Thursday, with Cardano ADAUSD, -0.12% seeing the biggest move, rallying 2.82% to 85 cents. Polkadot DOTUSD, +0.62% led the decreases w...
Tesla Stock, Nvidia Were Sold by Retail Traders. Here’s What They Bought.
Text size (Photo by CHRIS DELMAS/AFP via Getty Images) AFP via Getty Images Retail traders were taking a cautious approach by selling stocks like Tesla and Nvidia as the markets gained for a third con...
Yet another company forwarded towards the adoption of Blockchain technology.
A Hong Kong-based medical services company launched its tracking system based on blockchain to prevent various mishappenings with its productions, including Covid-19 vaccines. Reports in September 202...
Nvidia Stock Needs a Catalyst. It Could Get One Next Week.
Text size After rocketing higher in 2021, Nvidia shares have been under pressure in 2022. Remus Rigo/Dreamstime.com Like much of the rest of the stock market, to say nothing of the beaten-down tech se...
Tech companies fight attrition with more equity grants as stocks drop
Traders work on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Tech companies are looking to issue new stock and cash perks as slumping share prices weigh on employees’ wallet...
EV mechanic Carl Medlock found a niche fixing Teslas
There’s an opportunity for entrepreneurs in the electric vehicle market. Electric vehicles are sweeping the auto industry, and while all the attention is directed at flashy car unveilings and au...
Older Americans, Flush With Housing and Stock Portfolio Wealth, Poised to Revive Spending This Year
Covid-19 kept many older Americans on the sidelines of the recovery in consumer spending as they held back from in-person services like dining and travel. But their spending is picking up as the Omicr...