Financial data giant, Thomson Reuters said its Eikon platform now tracks prices of six major digital currencies. The company said its Eikon platform will provide real-time rates for six currencies across major cryptocurrency trading exchanges; encouraging efficiency and transparency within the global market place for cryptocurrency investors. The new Cryptocurrency […]
Competition in the Bitcoin miner production is expected to increase as Zhejiang Ebang and Canaan Creative two of Hong Kong’s largest Bitcoin miner producers plan to file for an Initial public offering, IPO. According to Reuters News, Canaan Creative filed a listing application to the Stock Exchange of Hong Kong […]
Fujifilm could be looking at legal options as Xerox has just confirmed that it has back out of the acquisition deal. The duo of Carl Icahn and Darwin Deason, both activist investors who own 15% of Xerox were against the deal claiming the $6.1 billion offer undervalued. However, Carl Icahn […]
China’s ZTE said it has ceased major part of its operation in the United States after a ban imposed by the US government. ZTE said in a statement that it is still working to find a resolution. The company said the decision had been made as a result of a […]
The world’s largest retail company, Walmart said it has acquired India’s Flipkart, an eCommerce company for $16 billion. The deal is the largest eCommerce acquisition in the world. Flipkart was valued for $20 billion. The acquisition will see the retail giant control about 77% equity of the company. The acquisition […]
Despite a revamp of its board of directors, Amos Genish has been retained as the chief executive officer of the country’s composite telecom operator. Amos Genish said in a statement that “I confirm my long-term commitment to the transformation of the group, which aims to reaffirm TIM’s position as an […]
Jumia’s parent company, Rocket Internet said it has sold off Daraz Group to Alibaba. Daraz Group is an Asian eCommerce platform. Rocket Internet said it sold the company for an undisclosed amount. Daraz was founded in Pakistan in 2012. The company also operates online marketplaces in Bangladesh, Myanmar, Sri Lanka […]
Salesforce Ventures said it will spend up to $100 million on its Canada Trailblazer Fund. The Canada Trailblazer Fund will invest in cloud innovation and customer success in the region. Salesforce Ventures has supported the Canadian startup community since 2011, investing in innovative Canadian companies such as Vidyard and LeadSift. […]
America’s mobile carrier, Sprint said it has appointed Michel Combes as its new chief executive officer. Sprint said its Board of Directors has elevated Marcelo Claure to Executive Chairman. In their new roles, Claure and Combes will collaborate on the continued execution of Sprint’s strategy as well as its planned […]
Breaking news from Guardian UK says SCL Group and its Cambridge Analytica consultancy, at the centre of this year’s Facebook privacy row, are closing, the Wall Street Journal reported on Wednesday, quoting company managers. The firm did not immediately respond to a request for comment.