Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less than five years, theRead More →
(Reuters) – The Federal Trade Commission (FTC) on Friday challenged police body camera maker Axon Enterprise Inc’s (O:) completed acquisition of rival Vievu, saying it allowed the company to impose substantial price increases. The FTC’s announcement it was issuing an administrative complaint came hours after Axon sued the agency inRead More →
© Reuters. Catalyst Plans a $1.5 Billion Rival Bid for Hudson’s Bay (Bloomberg) — One of Hudson’s Bay Co.’s largest shareholders has made a bid that values the retailer at more than C$2 billion ($1.5 billion), topping a rival offer from a group led by the company’s chairman. Catalyst CapitalRead More →
Intel Corp.’s apology Wednesday to customers about its ongoing supply constraints did not appear to surprise investors, but the news could prove to be an eventual benefit to rival Advanced Micro Devices Inc. Earlier on Wednesday, the chip giant gave customers an update in a regulatory filing about its currentRead More →
Let’s go back in time to June 2008, when Apple introduced the iPhone 3G. Nokia then was the world’s largest phone maker. What we did not know at the time was that Nokia was actually the largest dumb phone maker and that Apple was about to become the largest smartphoneRead More →
Technogym is set to make its foray into streaming-online-fitness classes via digital platforms on its machines — putting the company on a collision course with the popular Peloton Interactive. The Milan-listed athletic-equipment outfit, characterized by some as the Netflix NFLX, +0.87% of fitness, is reinventing itself, in an effort toRead More →
Commit to something else. Gyms are sprinting at the opportunity to sign up new members after news broke that Equinox owner, billionaire Stephen Ross, is planning a fundraiser for President Donald Trump on Friday in Southampton, N.Y. The fundraiser, first reported by The Washington Post, has prompted many to boycottRead More →
© Reuters. FILE PHOTO: Logo of the Uber is seen on a smartphone screen as a picture of stock exchange graph is displayed on a computer screen in this illustration picture By Tarmo Virki TALLINN (Reuters) – Estonia’s Bolt, which until early 2019 was called Taxify, will on Tuesday re-enterRead More →
© Reuters. FILE PHOTO: Peter, CFO of German luxury carmaker BMW, addresses the company’s annual news conference in Munich SHANGHAI (Reuters) – BMW Chief Financial Officer Nicolas Peter said the Bavarian carmaker has no plans to develop a compact vehicle together with a rival German carmaker. “We have no plansRead More →
© Reuters. FILE PHOTO: The logo of Casino shop is seen in Nice PARIS (Reuters) – French supermarket retailer Casino (PA:), in the process of divesting assets to cut debts, has agreed to sell six of its ‘Geant’ hypermarket stores to domestic rival Leclerc for 100.5 million euros ($114 million).Read More →
