The $340 billion banking giant, JP Morgan launched a stablecoin called JPM Coin. Industry experts have foreseen the stablecoin to thrash Ripple in the long run. Co-host of Bloomberg’s What’d You Miss? Joe Weisenthal said, “If it turns out that the blockchain framework turns out to be a good one for banks transferring money around, […]Continue Reading
Apple’s former lawyer was charged by the U.S. Department of Justice for insider trading ahead of six of the iPhone maker’s quarterly earnings this Wednesday Reports say Gene Levoff exploited his position as corporate secretary, head of corporate law and co-chairman of a committee that reviewed draft copies of Apple’s financial results to trade illegally […]Continue Reading
The earnings report of the previous year was released on Thursday evening, and it revealed that Canopy, the leading pot seller, showed a 300% growth in revenue. The company’s shares also rose by 4.4% the same day following the announcement of the earnings report. Co-Chief Executive Bruce Linton came out saying that the company hoped […]Continue Reading
Reports and speculation about Apple’s video streaming subscription where going around the corners for years now and finally Apple is all set to launch its new TV subscription service. Reports say that Apple is expecting to launch its new service in April or in May. Apple currently is working in the final development phase and […]Continue Reading
European aircraft manufacturing giant Airbus has decided to no longer produce the A380 Superjumbo, according to an announcement made by the company on Thursday. The cruise liner was Airbus’ big bet on its quest to become the king of the skies, but the sales figures have not quite been up to the company’s expectations. The […]Continue Reading
Information that has been gathered from various sources has confirmed that Seoul city’s (South Korea) government has been turning in to a public blockchain for favoring few administrative applications. Out of all the blockchain projects that South Korea has, ICON is its largest project, and the Government of Seoul has chosen this project to process […]Continue Reading
Indian commercial vehicle giant Tata Motors has announced that it, along with Tata Motors Finance, will be entering into a strategic tie-up with Kool-ex Cold Chain Limited, a leading pharma cold chain logistics service provider, to supply 200 factory built reefer trucks. It will be a first of its kind transaction for both the companies. […]Continue Reading
Consumer price rates were constant throughout January 2019 as lessened gasoline prices counteracted the effect of rising costs of housing, clothing and medical care. The labor department said that the Consumer Price Index increased only 1.6 percent which is less than its increments in previous years. Last year, CPI increment was 1.9 percent. The price […]Continue Reading
The slowdown in the Chinese economy has pretty much hit all industries across the world, and due to the drop in consumption, many industries which depend on exports have experienced a crippling slowdown. However, the storied wine and spirits industry in France seems to be existing in a different planet altogether as it has not […]Continue Reading
The United States is facing another partial government shutdown at the end of this week after negotiations aimed at extending government funding broke down over the weekend. Talks between Democratic and Republican lawmakers on border security funding have ended in a stalemate, raising the fears of another government shutdown. Democrats have critically planned to cap […]Continue Reading