If JPMorgan Chase CEO Jamie Dimon wants to bet against bitcoin, the head of Cboe Global Markets is only too happy to give him the venue to place his wager. Ed Tilly, chairman and CEO at Cboe, is preparing for the exchange to open the first bitcoin futures exchange Sunday afternoon. While evading questions over […]
Read moreGalaxy Investment Partners CEO Michael Novogratz said Tuesday that bitcoin will be difficult for governments to crack down on. “I’ve got concern that if price movements go higher we’re going to get more regulation,” Novogratz said. But “I think it’s hard to shut down. … I don’t think that’s a probability.” “One of the big […]
Read moreSherpa Capital and Virgin Hyperloop One co-founder Shervin Pishevar said on Tuesday that he is taking a leave of absence from both firms on his own accord. “As many of you have seen in recent news coverage, I filed a lawsuit last month against what I believe to be potential perpetrators of a smear campaign […]
Read moreApple launched Apple Pay Cash this week. It’s a new feature of iOS 11.2 that lets you exchange money with friends. It competes with PayPal‘s Venmo, Square Cash and other digital payment services. You use it by setting up a digital Apple Pay Cash card on your phone. You can then use it in stores […]
Read moreSteve Schwarzman, chairman and CEO of Blackstone, calls the tax reform working its way through Congress a “game changer.” The billionaire former advisor to President Donald Trump as part of his policy forum, told CNBC’s “Halftime Report” on Tuesday that the bill was “actually sort of a game changer because there has been enormous frustration […]
Read moreMashable, once a fast-growing digital publisher with big ambitions, has been sold at a fire sale price. Ziff Davis, a digital media subsidiary of tech company J2, is buying Mashable for less than $50 million, according to people familiar with the transaction. In the spring of 2016, Time Warner‘s Turner led a $15 million investment […]
Read moreGoldman Sachs remains pro-risk in equities, but the investment bank’s top strategists say “time is running out for Goldilocks.” An economy growing at just the right speed to support stock prices but not trigger inflation will soon end as consumer prices and rates start creeping higher next year, according to the report from the global […]
Read moreTwitter, founded in 2006, has gotten a lot of attention in 2017, thanks largely to President Donald Trump. He is known for going on Twitter to air his grievances, express himself and make his opinions public. And in fact, Trump was the most-tweeted-about global leader in the world and in the United States, according to […]
Read moreAs bitcoin surges well above $11,000, the newly created wealth means some early investors have become digital multimillionaires in dollar terms. Winklevoss twins Cameron and Tyler are most prominent. In April 2013, the Winklevoss twins had $11 million in bitcoin at $120 a coin. That’s a combined worth of just more than $1 billion with […]
Read moreIn September, an ad with the headline, “New Approval Ratings For President Trump Announced And It’s Not Going The Way You Think,” targeted Facebook users in the U.S. who were over 40 and labeled as “very liberal” by the tech company. “Regardless of what you think of Donald Trump and his policies, it’s fair to […]
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