A source close to Plaid – the company that serves as the “data plumber” at Coinbase, Robin Hood, Square’s Cash App and many others – denied all allegations in the class action complaint that was recently filed. The entire complaint is based on the allegation that Plaid is sellingRead More →
Reuters. An SGX panel is shown on the Singapore Stock Exchange By Marc Jones LONDON (Reuters) – Global equities rose for a fourth straight day Thursday as encouraging coronavirus vaccine trials kept investors upbeat ahead of what was expected to be a record rebound in U.S. employment figures later.Read More →
The joint blockchain cloud computing venture of computing giant AMD and Ethereum-focused development firm ConsenSys has received $20.5 million in funding. According to a June 25 announcement, AMD and ConsenSys’ W3bcloud joint venture obtained the funds through the sale of convertible notes to the founding firms and several family officesRead More →
Telegram, a major privacy-focused messaging app, has suffered a data leak that exposed some personal data of its users on the darknet. A database containing the personal data of millions of Telegram users has been posted on a darknet forum. The issue was first reported by Russian-language tech publication Kod.ruRead More →
© Reuters. By Yasin Ebrahim Investing.com – The Dow swung between gains and losses on Thursday, as hopes the labor market had turned corner were thrown into doubt following mixed economic data. But that did little to cool reopening optimism as cyclical stocks held firm. The fell 0.26%, or 67Read More →
CME Bitcoin (BTC) futures and options markets expired on May 29, and despite a $100 hiccup, the price of the largest digital asset on CoinMarketCap held up nicely around the $9,400 level. As the market entered this last trading session, open interest for CME Bitcoin futures expiring in May wasRead More →
European stocks extended gains for a third day on Wednesday as investors looked past domestic unrest in the U.S., and took inspiration from data indicating more economic strength as global pandemic lock downs unwind. The Stoxx Europe 600 index SXXP, +1.42% rose 1.1% to 363.81, after closing up 1.6% onRead More →
Last week, Bitcoin (BTC) miners sold 11% more coins than they generated over the same period, June 1 data from on-chain analysis portal ByteTree suggests. According to the portal’s metric that tracks Bitcoin wallet addresses associated with miners, around 5,800 BTC was generated over the past seven days, compared withRead More →
© Reuters. A woman counts U.S. dollar banknotes at a currency exchange shop in Beirut By Kate Duguid NEW YORK (Reuters) – Speculators’ net bearish bets on the U.S. dollar increased in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.Read More →
© Reuters. European Commissioner for the Internal Market Breton gestures as he communicates on the EU’s 5G plan in Brussels By Michel Rose PARIS (Reuters) – Europe may have lost the battle to create digital champions capable of taking on U.S. and Chinese companies harvesting personal data, but it canRead More →
By Simon Jessop LONDON (Reuters) – German fund manager Allianz Global Investors is pushing every company it invests in to improve their climate-related disclosures ahead of the season for annual shareholder meetings. Allianz GI, which manages 557 billion euros ($605.18 billion) as part of insurer Allianz (DE:), said it hadRead More →
© Reuters. FILE PHOTO: To match Special Report SEC/INVESTIGATIONS By Katanga Johnson and John McCrank WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) proposed on Friday to add more stock price information to public market data feeds and allow other firms to compete against the exchanges in runningRead More →
© Reuters. People walk past an electronic display showing world markets indices outside a brokerage in Tokyo By Hideyuki Sano TOKYO (Reuters) – Asian stocks edged up on Thursday, a day after U.S. S&P 500 hit a record peak following encouraging economic data, while investors keep a wary eye onRead More →
New York (January 30) – Gross Domestic Product growth for the fourth quarter of 2019, or “2019Q4 GDP,” printed at a 2.1%, matching the consensus estimate of 2.1% and at the high end of our range of 1.8% to 2.1%, published in our December jobs report. That matches the 2.1%Read More →
STOCKHOLM/FRANKFURT (Reuters) – Fashion retailer H&M (ST:) said on Saturday that data security breaches found at its German unit were unacceptable and it was cooperating with the local data protection supervisory authority in its investigation into the matter. “The local team has taken a range of action and is inRead More →
By Foo Yun Chee BRUSSELS (Reuters) – The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data as part of an industrial policy overhaul aimed at giving European companies a sharper edge in global markets, a strategy document seen by Reuters shows. Drafted by theRead More →
Long-dated U.S. Treasury yields edged higher Friday after the U.S. Treasury Department announced plans, as had been expected, to issue a 20-year nominal coupon bond in the first half of 2020 to finance a ballooning federal deficit that is nearing 5% of gross domestic product. However, yields have been little-changedRead More →
Economic pessimism for the US has had a rough ride in recent years. The macro trend has wobbled several times since the last official recession ended in 2009, but each time the economy righted itself and the expansion rolled on. But new doubts emerged in the second half of 2019Read More →
© Reuters. ‘Gold rush’: Race is on for health data in East Europe’s frontier market By Gergely Szakacs and Alicja Ptak BUDAPEST/WARSAW (Reuters) – Eastern Europe is a new frontier for private medical care, and insurers and tech startups are racing to steal a march on their rivals by harnessingRead More →
© Reuters. FILE PHOTO: A bird flies past The Bank of England in the City of London By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on Tuesday they will transform their data crunching capabilities over the coming decade to spot problems in banks and markets earlier. Banks andRead More →
As something of a proxy for Mexico itself, or at least its infrastructure, I can’t say that the weak performance of PINFRA (OTCPK:PUODY) (PINFRA.MX) shares, flat since my last update, is wholly unreasonable. Mexico’s economic growth has been feeble after all, with GDP declines in the last two quarters andRead More →
Wyze Labs Inc., a maker of smart-home cameras and devices, has confirmed a data leak that could affect millions of customers. Cybersecurity company Twelve Security first reported the leak on Thursday, saying “both the company’s production databases were left entirely open to the internet,” exposing the information of around 2.4Read More →
Quick Take Molecular Data (MKD) has filed to raise $69 million in an IPO of ADSs representing underlying Class A shares, per an amended F-1/A registration statement. The company operates an online marketplace for the chemicals industry in China. MKD has done well to grow its gross merchandise value [GMV]Read More →
This has been an amazing year for Inphi (IPHI), as the market has woken up to not only the company’s strength in physical layer technologies for the data center and telecom markets but also its ability to execute on those technical capabilities. Looking into 2020, Inphi has the chance toRead More →
© Reuters. Investing.com – Asian markets were mixed on Wednesday, with Japanese stocks underperforming amid weaker-than-expected export data. The Nikkei 225 traded 0.4% lower by 10:50 PM ET (02:50 GMT). Data showed today that the country’s fell for a 12th straight month in November. Policy decision from the Bank ofRead More →
