More than 300 Chinese firms including Meituan Dianping, China’s largest food delivery company, and smartphone maker Xiaomi Corp are seeking for bank loans totaling at least 57.4 billion yuan ($8.2 billion) to soften the impact of the coronavirus.
Tesla(TSLA) stock has been witnessing wild trading over the last days as the company announces its decision to resume the production at its Shanghai gigafactory after the delay due to the coronavirus outbreak.
The Airbus stock price is rising, and the only danger seems to be the coronavirus attack that has a negative influence on businesses. The company has recently shown its new plane, possibly revolutionary and certainly stylish.
ETH price is increasing, however, there are still issues related to transaction capacity. The Optimism startup, that once was the research-oriented Plasma Group, wants to address these problems.
The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.
According to IDC, Chinese consumers may abandon the idea to adopt 5G-enabled phones due to the influence of coronavirus, despite the fact that Chinese makers are offering premium models that take advantage of next-generation networks.
Amazon Web Services (AWS) said in the filing that it wants to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis over a $10 billion Pentagon’s JEDI contract awarded to Microsoft.
Samsung Unpacked event 2020 is set today. The company is expected to release to the market its new devices including Galaxy S20, Z Flip foldable and also Galaxy Buds Plus.
Xpring recruitment follows its new development relations initiative announced last week. One of the main priorities now is XRP adoption.
Analysts predict that if Google decides to put its cash reserves in use, it can potentially pay Tesla a 100% premium to its current price for a complete acquisition. This will value the Tesla (TSLA) stock at a price of $1500 per share and its valuations shooting to $280 billion.
Four firms are controlling the Bitcoin mining rigs production industry. The biggest gainer? Obviously Bitmain, but who else is in charge of the chip production?
Japanese lawmakers are pushing for the adoption of the new CBDC system and the development of the digital yen in the next three years in order to counter the failing fiat currency system.
As the world is joining efforts to help with coronavirus treatment and spread, the blockchain technology is now being employed for related insurance payments.
While many people are extremely bullish about Tesla (TSLA), some other analysts think that it’s a little too volatile and dangerous at the moment.
Bitcoin halving, gold and scarcity: as the milestone approaches, it will reduce Bitcoin’s block reward to 6,25 BTC per the block. Currently, the Bitcoin block reward equals 12,5 BTC.