Spotify Sets Off to go Public Amidst Decrease in Growth

Spotify, the world’s largest music streaming service, has filed for a direct listing IPO, where shares can be traded on the open market sooner versus a traditional IPO layout. Spotify has also disclosed their skeletons, noting a steep decrease in subscriber growth as well as their financial numbers, indicating trouble in financial growth. It is said that the company could be worth around $23 Billion … Continue reading Spotify Sets Off to go Public Amidst Decrease in Growth

Visa, Mastercard, to capitalize on cryptocurrency transactions

We should enjoy these pre-historic times before they’re gone. Looks like Visa and Mastercard are seeing an increase Crytpcurrency purchases as of late and are going to start capitalizing on them too. “Over the past few weeks, we have clarified to acquirers – or the merchant’s bank – the right transaction or merchant category code to use for these type of transactions (cryptocurrency purchases). This … Continue reading Visa, Mastercard, to capitalize on cryptocurrency transactions

Amazon Patents Wristband to Monitor Employee Productivity

According to sources, Amazon, the online webstore giant, filed a patent application for a wristband that would monitor employee productivity. These new work “uniforms” would –  “emit ultrasonic sound pulses and radio transmissions to track where an employee’s hands were in relation to inventory bins” Basically, Amazon is able to data track and data mine whether or not employees are actually picking, packing and technically … Continue reading Amazon Patents Wristband to Monitor Employee Productivity

Banco Satander to introduce Blockchain Technology in Q1 2018

“We expect to be one of the first global banks to roll out distributed ledger technology based payments for individuals” Banco Santander will become “the first UK bank to intrudoce Blockchain usage” Santanders plans on achieving this feat through a new app developed in Q1 2018. Santander has been busy testing blockchain technology via transfers and usages, stating: “Once the app is downloaded, users need … Continue reading Banco Satander to introduce Blockchain Technology in Q1 2018

Long Blockchain changes their mind about mining for cryptocurrency

Long Blockchain strategically changed it’s company name in order to ride the wave of the cryptocurrency craze toward the end of 2017. Since the iced tea company’s name change, stock shares soared to a 500 percent increase, while pledging a full on effort to acquire machines in order to mine for cryptocurrency. Plans, however, have changed, dipping shares to a 50% decrease, compared to the … Continue reading Long Blockchain changes their mind about mining for cryptocurrency

COINCHECK to Reimburse $425M back to affected users in Hack

The Japanese Crypto exchange, Coincheck, will be reimbursing $425M back to its users who were affected by a series of  database “hacks.” The hack involved around 58B yen that was lost (in NEM coins) which cause Coincheck to shutdown immediately.   The $425M reimbursement will be distributed to the 260,000 users that were affected by the security breach. “We realize that this illicit transfer of funds … Continue reading COINCHECK to Reimburse $425M back to affected users in Hack

Starbucks to continue cashless transactions.. without Bitcoin.

Howard Schultz needs another Venti cafe latte – 2 sugars, HOT. Howard Schultz hates Bitcoin. Both statements are true, as the coffee giant’s CEO, Howard Schultz, comments on eventually adopting ALT coin use..just not Bitcoin. “I personally believe that there is going to be a one or a few legitimate trusted digital currencies off of the blockchain technology. And that legitimacy and trust in terms … Continue reading Starbucks to continue cashless transactions.. without Bitcoin.

Samsung is now heavily invested in the cryptocurrency business – Partners with TSMC Taiwan

According to reports, South Korean tech giant, Samsung, has agreed to contracts with Taiwan’s chip manufacturer, TSMC, to mass produce ASIC hardware to ramp up their cryptocurrency mining roadmap. The said ASIC chips being produced, is to supply an unnamed company in China that manufactures crypto mining equipment. Samsung spokesperson confirmed to media outlets ““We are in the middle of a foundry business that is … Continue reading Samsung is now heavily invested in the cryptocurrency business – Partners with TSMC Taiwan

Apple facing multiple lawsuits – again

In response to Apple’s statement of deliberately slowing down iPhones in order to conserve battery life, eight class action lawsuits are now pending against the tech giant, for modifying phone performance without warning to the user. Complaints state “Rather than curing the battery defect by providing a free battery replacement for all affected iPhones, Apple sought to mask the battery defect.” The disclosure followed a … Continue reading Apple facing multiple lawsuits – again