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Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania
Reddit doubles its valuation to $6 Billion after raising another $250 million in a Series E fundraising round just weeks after its subreddit r/WallStreetBets took on Wall Street.
The Global Blockchain Congress 2019: Blockchain and its impact in sustainability, stable coins, privacy and other disruptive technologies
The Bank of Japan, the World Trade Organization, the Inter-American Development Bank and the World Economic Forum will participate in a global congress where a direct dialogue will be established to outline the future of the industry.
Nobel Laureate to speak at Asian Financial Forum Global business leaders view post-COVID Economy in January
17 December 2020 – In light of the ongoing COVID-19 pandemic, the 14th Asian Financial Forum (AFF) will be held virtually on 18 and 19 January 2021. Under the theme “Reshaping the World Economic Landscape”, the forum will examine the challenges at hand and strategize the road to recovery and beyond with more than 150 influential global financial experts, policymakers, business leaders, economists, investors, and entrepreneurs.
World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge
The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.
Coinbase Reportedly Planning to Go Public This Year—Paving the Way for the Next Phase of Crypto Adoption
According to sources, Coinbase has started planning for a stock market listing this year, which would make it the first major US cryptocurrency exchange to go public.
Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon
A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.
Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos
Legal team for Steve Wozniak, co-founder of tech powerhouse Apple, announced a lawsuit against YouTube and their parent company Google alleging that the media companies failed to take down fraudulent videos that impersonated Wozniak to drive Bitcoin funds.
Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients
Blockchain provides a fourth model that can enable secure sharing of lifetime health data across providers and business partners. The use of blockchain is a potential solution to the case associating Google to have reportedly collected medical data from U.S patients in secret.
Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push
The Chinese government has released its first-ever blockchain application blueprint regarding government services in the country. According to Beijing’s blueprint, 140 government services applications are already on blockchain and are divided into three categories, including data sharing and exchange, business collaborative processing, and electronic certificate and certificate storage.
Ethereum's Vitalik Buterin Considers Creating App Store After Google Demands 30% Cut
Ethereum founder, Vitalik Buterin considers competing with Google Play and Apple's App stores dominance.
Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.
Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum
Ethereum will be leveraged by Reddit, bringing blockchain technology to the online network for the first time ever through their partnership.