Huawei’s own operating system for smartphones and laptops could be ready for use in China by fall this year. Richard Yu, CEO of Huawei’s consumer business said an international version of the operating system could be ready in 2020.
Galaxy Digital has received $71.2 million for the tendered shares that represent a majority of its position and a 123% return on the realized investment in Block.one.
Microsoft and Sony merge to fight competition from Amazon and Google in the provision of cloud gaming services that are expected to take the gaming world by storm in the near future.
US Commerce Department issued a temporary general license that lets Huawei buy US goods to maintain existing networks and continue providing wireless services. Google is reportedly set to reverse Huawei ban as well.
While the SEC has postponed its decision on a Bitcoin ETF proposal by VanEck/SolidX, the Bitcoin community has given little attention to it as Bitcoin price largely remains stable.
SEC-approved Long-Term Stock Exchange set to enable companies raise funds using traditional means and empower investors committed to long-term success.
After the Trump administration blacklisted Huawei last week, tech companies in the U.S. including Google, have started mulling out options to cut ties with its Chinese counterpart Huawei.
Tesla investors are having definitely a bad year as TSLA stock has made them poorer by more than 30%. The Elon Musk-led company’s stock fell to two-year lows earlier this week.
The approval of a regulated crypto derivative this year is now looking less likely, as the SEC has once again delayed its decision on whether to approve the Bitcoin ETF proposed by asset manager Bitwise. However, Bitwise remains optimistic.
Tesla plans to join the ride-hailing business as soon as 2020 with Elon Musk saying the owners whose cars participate in the Tesla network will keep up to 75% of the generated revenue.
Morgan Stanley investment bankers stand to harvest millions of dollars in fees for leading Uber Technologies Inc.’s IPO last week. Wealthy clients are facing big losses because of early investing policy.
Uber went public Thursday night at $45 a share, which was near the low end of its expected range. The pricing gave the company an initial valuation of $75.5 billion — well below the $120 billion figure investment bankers were talking about last fall.
Compared with the results of the last quarter of 2018, the financial situation at Dropbox seems to be much better, as DBX stock adds 5% beating analysts’ expectations.
Elon Musk laid out the automaker’s plan when it comes to self-driving, but now the CEO attaches a valuation prediction to it as the company attempts to raise over $2 billion.
Currency.com, a Belarus-based tokenized exchange, has announced that it would launch its main service. The company started beta in January and now the platform is ready for launch.