This week seems to be dead set to prove that ancient superstition about poor omens: they always come in threes. First Capital One announced a huge infringement of information. Then the Association of Entertainment Software leaked a lot of private data from experts. And now numerous reports claim StockX’s “system updates” claimed to have been […]
Category: Business
Users Won’t Be Able To Use Apple Card To Buy Cryptocurrency: Report
Cryptocurrency supporters who hoped to use the upcoming credit card from Apple to splash the coin are out of luck. You can also not buy tickets, casino gambling chips or checks for foreign currency or traveler by using Apple Card in any form, physically or virtually anywhere. As shown in a client contract published on […]
Saudi Arabia Funds Health Start-Up Babylon With $550 Million, Valuation Hikes
Babylon Health, a U.K.-based startup that has created a range of AI-based health facilities, including a chatbot used by the U.K. National Health Service to assist diagnose ailments, has revealed a huge investment it intends to use to expand its company to the U.S. and Asia and expand its R&D to diagnose more severe, chronic […]
HSBC Is Drafting Plans To Snipp Out Jobs After CEO John Flint’s Departure From The Company: Reports
HSBC, Europe’s biggest asset bank, is planning to cut thousands of employment following the surprise announcement of the departure of Chief Executive John Flint, reported on Monday by the Wall Street Journal. In an interview, HSBC Group Chief Financial Officer Ewen Stevenson informed the Journal that the work cuts will be aimed at senior positions […]
DoorDash Acquires Sqaure’s Food Delivering Service Caviar For $410 Million
With the assistance of an acquisition, DoorDash expands its distribution infrastructure to several other sectors. The firm based in San Francisco announced on Thursday its acquisition of $410 million from Square for Caviar, a high-end competitor. The quarterly income report from Square verified the sale, demonstrating that both money and inventory were included. Because Caviar […]
UK Might Launch A Huge Brexit Advertising Campaign To Influence Country To Leave The EU
The U.K. In the near future, it will launch one of the biggest government data publicity campaigns ever conducted to prepare individuals and companies for Brexit, whether a withdrawal agreement exists or not. The new Finance Minister of Britain, Sajid Javid, said the campaign would help guarantee the willingness of the country to leave the […]
‘They Should Be Ashamed’: Wall Street Slams Federal Reserve
Wall Street received something it had been demanding for months on Wednesday— a Federal Reserve interest rate cut. However, investors welcomed the percentage-point cut of the central bank with a combination of skepticism and open hostility. The decision by the Fed to introduce an “insurance policy” cut to guard against a deeper downturn effectively sent […]
UK Start-Up Babylon Health Might Receive Funding From Saudi Wealth Fund
The UK’s Babylon Health, a start-up used by the National Health Service, is in forthcoming discussions with the Saudi Arabia Sovereign Wealth Fund in an agreement that will add a value of the Company in the order of more than $1 billion based on individuals who are fully aware of their plans. The investment, part […]
Facebook Is Researching On A New Technology That Might Let You Communicate With You Mind Thoughts
Facebook is creating an interface tool for brain-computer Augmented Reality (AR) to assist users to type their minds. The firm announced its Brain-Computer Interface (BCI) program at its F8 Developers’ Conference in 2017 — outlining its objective of building a non-invasive, wearable device that allows individuals to type by just imagining speaking. Facebook supports a […]
Huawei’s Revenue Increased By 23.2 Percent Despite US Ban: Reports
Chinese smartphone giant Huawei’s income for H1 2019 rose 23.2 percent to 401.3 billion yuan (around $58.3 billion) despite the trade war between the US and China, the firm announced on Tuesday. The net profit margin of the company for H1 2019 was 8.7%. Operations are smooth and the organization is as sound as ever, […]
