Quick blog here to update you on some pretty important movements in the market. Today, in a nasty day for stocks generally, shares of software and cloud companies took a pounding.
In numerical terms, the Nasdaq Composite lost 2.51%, per CNBC data. That’s a very bad day for a...
On Thursday, the Iota Foundation, which oversees developments in the namesake Internet-of-Things transactions blockchain (IOTA), announced that it had been selected as one of five contractors by the European Commission to develop blockchain and distributed ledger technology in the region. According to the announcement, phase 2A aims to...
Meta is shutting down a video speed-dating service it had tested over a good part of last year, the company informed the service’s users via a recent email. Last April, the company formerly known as Facebook confirmed it was testing a new dating service called Sparked, which was...
Comedian and former Daily Show host Jon Stewart said Dallas Mavericks owner and billionaire Mark Cuban broke down the intricacies of the crypto space in practical terms.Speaking to Stewart on a Thursday podcast, Cuban said he didn’t focus on the price speculation around cryptocurrencies like Bitcoin (BTC) and...
As a change of tune, the International Monetary Fund (IMF) alludes to how crypto-assets like Bitcoin (BTC) have transformed from an obscure asset class to an integral part of the digital asset revolution.
In a statement, the IMF noted that cryptocurrencies are a notable part of the financial system...
That the venture capital market is incredibly exuberant at the moment is not news. Data from 2021 paints the picture of a startup fundraising game at peak velocity, with more capital, unicorns and nine-figure deals than ever.
And let me tell you, some venture capitalists are tired of it....
The cryptocurrency market faced another day of erratic price movements on Jan. 13 after Bitcoin (BTC) bulls were soundly rejected in their bid to push the price above $44,000. This led to an abrupt sell-off that has thrust the price back into the high $42,000 range. Despite the mid-day...
Even in the era of the virtual event, it tends to take me a few days to recover from the whirlwind of CES. Frontloading the year’s big hardware news is a bit less than ideal, but perhaps the changing nature of the big tech event will bring adjustments...
