To streamline its global insurance payments business, German-based Allianz Group is betting on the use of crypto to have a token-based blockchain ecosystem.
It is said that Apple is being investigated by the Russian anti-monopoly watchdog. Kaspersky Lab filed a complaint pointing out that the company might be abusing its dominant positions in the market.
Salesforce cloud firm has just announced an agreement with ClickSoftware to purchase the latter for $1.35 billion. This acquisition is expected to improve its Field Service Lightning offering which has already earned the firm more than $1 billion.
Lyft (LYFT) stock climbed 13% after hours but gave up early gains after the company announced share lock-ups would expire on August 19, 2019, rather than a previously scheduled date in September.
BlockFi, a service that allows its users borrow fiat using crypto deposits, has just bagged $18.3 million in its Series A funding. The funds will reportedly be used to expand its products and employee base.
Online payments firm Klarna, which has attracted a growing following with its “buy now, pay later” service for shoppers, said it had raised $460 million in a funding round that makes it Europe’s most valuable fintech startup.
Disney missed Wall Street expectations in its Q3 earnings report. DIS stock fell 3.7% in after-hours trading. Disney blamed the earnings miss on the ongoing integration of Fox’s entertainment assets, which it acquired in a $71B deal closed in March.
Global markets, mostly in Asia, are beginning to feel serious impact from the China-U.S. trade war as stocks set record losses, triggering emergency meetings and threats of protest.
Google slashed $300 off the price of its premium flagship Pixel 3 and Pixel 3 XL phones, bringing them to the lowest price in recent memory. Pixel 3 phones now cost between $100 and $120 more than the mid-range Pixel 3a phones.
Former White House Chief Strategist, Steve Bannon, has expressed his views about the potential power of Bitcoin and blockchain, as a key part of a Global revolt.
Stock markets including the Dow and Nasdaq were hit with losses after U.S. President Trump announced a 10% increase in tariffs of about $300 billion worth of Chinese imports. Several retail stocks were also affected.
Bitcoin price adds 5% hitting $10,500 levels. Meanwhile, a new report from Delphi Digital describes current trends in the global economy that could serve as a catalyst that should propel BTC price even higher.
Weaker USD may be good news for Bitcoin price which could pick up more because of the quarter-percent rate cut. The move has been seen as preventative by economists but could also be a catalyst for the next financial crisis.
Rebel Foods, Mumbai based restaurant quietly raised whopping $125 million cash and is expanding rapidly. The restaurant bounces back after almost shutting its doors, and is currently valued at $535 million startup.
Jerusalem-based Lightricks – the developer behind subscription-based content creation apps Facetune and Enlight announced that it’s secured $135 million in series C funding at a $1 billion valuation.