by The Editor | Nov 18, 2019 | News
LONDON (Reuters) – Some are backed by dollars. Others by gold. But this “stablecoin” isn’t tied to any major asset – it’s backed by another cryptocurrency. FILE PHOTO: Representation of the Ethereum virtual currency standing on the PC motherboard are seen...
by Kirsten Korosec | Nov 18, 2019 | News
Ford finally showed the world its highly anticipated all-electric crossover, the Mustang Mach-E. The vehicle, which was unveiled Sunday at the Hawthorne Airport and in Tesla’s backyard, marks a series of firsts for Ford and the Mustang badge. It’s the first vehicle to...
by The Editor | Nov 18, 2019 | News
(Reuters) – Silicon Valley data analytics company Palantir Technologies Inc has established a joint venture with Japanese insurance holding company Sompo Holdings Inc that initially will focus on health and cybersecurity clients, Palantir said. The joint...
by Jake Bright | Nov 18, 2019 | News
Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet company Opera, OPay will use the funds to scale in Nigeria and expand its payments product to Kenya, Ghana and...
by The Editor | Nov 18, 2019 | News
WASHINGTON (Reuters) – The Trump administration is set to issue a 90-day extension of a license on Monday allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said. FILE...
by Steve O'Hear | Nov 18, 2019 | News
Northzone, the European VC firm that’s probably best-known for being an early backer of Spotify, has raised a new $500 million fund, which it claims was oversubscribed and will reach its final close imminently. Dubbed “Northzone IX,” the new fund pretty much...
by The Editor | Nov 18, 2019 | News
FILE PHOTO: The Microsoft logo is pictured ahead of the Mobile World Congress in Barcelona, Spain February 24, 2019. REUTERS/Sergio PerezBRUSSELS (Reuters) – Microsoft said on Monday it was updating the privacy provisions of its commercial cloud contracts after...
by Catherine Shu | Nov 18, 2019 | News
SoftBank Corp announced today that it has reached an agreement to merge with Z Holdings (the SoftBank subsidiary formerly known as Yahoo Japan) and Line Corp, in a move they hope will better position them against competitors. The merger, which was first reported by...
by Anthony Ha | Nov 17, 2019 | News
Disney’s shift to streaming is officially underway with this week’s launch of Disney+ along with its flagship show, the Star Wars series “The Mandalorian.” On the latest episode of the Original Content podcast, we discuss our initial reactions to the new streaming...
by Kirsten Korosec | Nov 17, 2019 | News
Ford unveiled Sunday the newest Mustang in its lineup that marks a number of firsts for the automaker. Not only is this the first all-electric Mustang, it’s also an SUV and the first vehicle to come out of Team Edison, Ford’s dedicated electric vehicle organization....
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