Disney and Comcast are separately bidding for many of 21st Century Fox’s assets, according to various people familiar with the talks, but none of it matters if the ultimate deal won’t pass federal scrutiny. Look at the issue AT&T is having as it tries to close its $85.4 billion deal for Time Warner. However, because […]
Read moreBets against bitcoin will “annihilate” the digital currency once futures begin trading over the weekend, CNBC’s Jim Cramer predicted Friday. Cboe bitcoin futures are set to begin trading on Sunday. The CME contracts launch on Dec. 18. Nasdaq, meanwhile, plans to start its own bitcoin futures as early as the second quarter of 2018. “I […]
Read moreCurrency, United States Finance
Start-up app adds cryptocurrency feature, has a ‘tough’ time during bitcoin rally
Customers of mobile-only banking start-up Revolut had a tough time accessing the app Thursday. The financial technology firm lets people spend and transfer money internationally without fees. But when it decided to allow users to buy, hold and exchange cryptocurrencies including bitcoin, Ethereum and Litecoin, some ran into difficulty. Revolut introduced a temporary queuing system […]
Read moreIf there’s one thing people want most out of their iPhones, it’s longer battery life. Apple, likely in an effort to keep its phones nice and thin, offers much smaller batteries than its competitors, including the Galaxy S8+ and Galaxy Note 8. As a result, its phones’ battery life typically don’t last as long. Consumer […]
Read moreAlibaba is set to invest $200 million in Bigbasket, India’s largest online grocer, Bloomberg reports, citing sources familiar with the talks, escalating competition with rival Amazon. The investment would earn the Chinese e-commerce giant a 25 percent stake in Bigbasket and a foothold in two burgeoning e-commerce markets: the nascent Indian e-commerce industry and the […]
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SCENE: A pet shop with a bored looking proprietor. A customer approaches CUSTOMER: I’d like to buy a parrot. Upgrade your inbox Receive our Daily Dispatch and Editors’ Picks newsletters. Putting a price on Bitcoin Theresa May’s Brexit breakfast breakthrough The beginning of the end of China’s “weird architecture” Why did Martin Schulz call for […]
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Bitcoin mania could ramp up global efforts to dethrone the dollar, analyst says
Bitcoin mania could prove to be the flashpoint for some of the world’s largest oil producing countries to make a major move against the dollar, according to one commodity analyst. The world’s most popular cryptocurrency has skyrocketed in recent months, soaring above $19,000 on Thursday on the Coinbase exchange, before notching a huge decrease. Such […]
Read moreI have long believed that to be a financial advisor is to serve in a noble profession. In fact, given the impact finances can have on our lives, I consider the financial advisory profession approaching the importance of what physicians may do to positively impact patients’ physical and mental well-being, or what clergy do to […]
Read moreRest assured, in the event of an apocalypse or massive internet shutdown, bitcoin will survive using offline technologies, a CoinDesk researcher told CNBC on Friday. “We’re fine,” said Nolan Bauerle, the director of research at CoinDesk, a digital media company aimed at the digital asset and blockchain community. Bitcoin transactions are “being broadcast on shortwave […]
Read moreCheck out which companies are making headlines before the bell: General Motors — In a roundup of auto companies, Piper Jaffray wrote in a note that General Motors is “very cheap” compared to others in the industry. The firm views GM as “the second least-risky” company in its coverage and named the motor city giant […]
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