Bitcoin broke through the $3,500 mark for the first time on Tuesday hitting a fresh record high as uncertainty over the future of the cryptocurrency subsided. The digital currency hit an-all time high of $3,525.04 before pulling back to around $3,481 early on Tuesday. Bitcoin’s record high marks a 264 percent year-to-date rise and comes […]
Read moreHarvard computer science professor Radhika Nagpal will begin using a robotic toy she helped developed, Root, to teach coding languages like Python and Javascript in her undergraduate courses this fall. She is already using a Root prototype in her research lab. The hexagonal Root, priced at $199, looks something like iRobot’s Roomba vacuum cleaners. But […]
Read moreChinese ride-hailing giant Didi Chuxing has announced plans to expand its business in the Middle East and North Africa. The Uber rival said it would enter into a strategic partnership with the Dubai-based car booking service Careem to strengthen its presence in the region. It follows the firm’s decision last Tuesday to team up with […]
Read moreJetBlue travelers will soon be able to file complaints or get answers from the airline through any communication channel they so choose including Facebook Messenger, Twitter and texts. The legacy travel brand just inked a deal with a start-up called Gladly to overhaul its customer service systems. Additionally, JetBlue Technology Ventures is investing alongside GGV […]
Read moreGoogle is teaching girls that their path to “financial freedom” lies in “complaining to HR,” the managing director of a Peter Thiel investment fund said on Tuesday, drawing sharp criticism on social media. The comments, made by Eric Weinstein, the managing director of Thiel Capital, come after Google fired engineer James Damore for circulating a […]
Read moreCurrency, United States Finance
Standard Life CEO planning for hard Brexit, renews interest in move to Dublin
The asset management firm Standard Life is looking at Ireland as its European base for when the United Kingdom leaves the European Union, its CEO told CNBC Tuesday. “Certainly, we are looking to put our MiFID company into Ireland,” Keith Skeoch, chief executive officer of Standard Life, told CNBC, referring to the financial regulation framework […]
Read moreState oil company Saudi Aramco will cut crude oil allocations to its customers worldwide in September by at least 520,000 barrels per day, an industry source familiar with the matter told Reuters on Tuesday. The cuts in allocations are in line with Saudi Arabia’s commitments with the OPEC-led supply reduction pact, under which the top […]
Read moreIndian movie production house Eros is in early talks with Apple, Amazon and Netflix to sell its film and music library, a source familiar with the matter said. Global content streaming companies are jockeying to boost their Indian television, movie and music offerings in the world’s fastest growing Internet services market. The Eros library includes […]
Read moreThe U.S. dollar index has fallen by around 9 percent since the start of the year but that could be about to change, according to strategists at Wells Fargo, who suggest the stocks and sectors which could be positively affected amid the move higher. Disappointing economic data, political uncertainty and positive developments abroad have sent […]
Read moreMore than 220,000 people have signed a petition against French President Emmanuel Macron’s plans to create a formal first lady role for his wife Brigitte. Unlike the U.S. first lady, the wife of the French president does not have a formal role, although they are often informal champions for charitable causes. Past presidential wives have […]
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