Add Uber to the list of companies that have been affected by the coronavirus’ spread across the globe. Uber said on Wednesday that it expected revenues for its ride-hailing business to take a minor hit, according to Reuters. Speaking at the Morgan Stanley 2020 Technology,...
The French Financial Markets Authority (AMF) announced that it approved its first initial coin offering (ICO) — “ICO visa” — to the cryptocurrency fundraising platform French ICO. “The PACTE law has indeed introduced in France an optional visa regime for fundraising in crypto-assets. Only public...
Shares of well-known Chinese companies, like Alibaba, JD.com and others, dropped sharply on Friday (Sept. 27) amid news that the United States might be curtailing Chinese investments, according to a report by CNBC. The Trump administration is reportedly considering the potential blocking of all Chinese...
The flow of Chinese cash into America has fallen almost 90 percent since Donald Trump became President. The decline has impacted numerous industries including Silicon Valley startups, the Manhattan real estate market and state governments. As for the cause, blame it on a combination of...
July 21, 2017
Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue growth going forward. Internationally, Europe stood out — even the U.K., post Brexit — and China looms as a market devoutly to be wished. Visa Checkout also gained traction, according to CEO Al Kelly, to 23 million users in a world where cashless is going more mainstream and commerce-enabling platforms (not wallets) are becoming increasingly important.
July 20, 2017
While there is still much in the way of debate in the U.S. and the rest of the developed West about the shape of things to come with the mobile...
July 18, 2017
F. Scott Fitzgerald is often quoted as the source behind the phrase, “there are no second acts in American life.” But as we all know and have witnessed, American lives are full of...
June 16, 2017
There’s no doubt that digital affects people’s everyday lives around the world. A byproduct of incorporating connectivity into just about any activity is how social media affects regular interactions. It...
May 06, 2020
Digital yuan could be on the horizon in China to replace paper money, authorities say. According to a report, the launch of the digital currency is likely to happen soon, and it could become prominent if four key components are met, per the former Bank of China President Li Lihui. Lihui said those components are […]
March 04, 2020
Add Uber to the list of companies that have been affected by the coronavirus’ spread across the globe. Uber said on Wednesday that it expected revenues for its ride-hailing business...
December 22, 2019
The French Financial Markets Authority (AMF) announced that it approved its first initial coin offering (ICO) — “ICO visa” — to the cryptocurrency fundraising platform French ICO. “The PACTE law...
September 27, 2019
Shares of well-known Chinese companies, like Alibaba, JD.com and others, dropped sharply on Friday (Sept. 27) amid news that the United States might be curtailing Chinese investments, according to a...
