The entire crypto market has been playing limbo, seeing how low it can go day after day. As the lowest plunge hits an 18-month record low in overall value, we are all left wondering what led to the crypto crash and what the biggest factors were that culminated in the perfect storm of recent months. […]
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Bitcoin steadied on Tuesday after earlier hitting a new 18-month low, as major crypto lender Celsius Network’s freezing of withdrawals and the prospect of sharp U.S. interest rate rises shook the volatile asset class. Bitcoin clawed its way to positive territory after much as 7.3 percent overnight to $20,816, its lowest since Dec. 2020. It […]
Digital transformation has become a central topic in the strategic plan of most countries around the world. The progress that has been achieved in different areas of technology has mandated a complete restructuring of different sectors that contribute to the country’s gross domestic product (GDP). Digital transformation is only a fancy moniker to highlight the […]
The rise of blockchain technology will inevitably transform and disrupt many industries. It has laid the foundation for major advancements and innovations in communications and data technology, chief among them, the telecoms industry. In this article, we take a look at some use cases for blockchain in telecoms and home in on the most promising […]
Tiny slivers of ear tissue snipped from hours-old piglets offer valuable clues for the team at Best Genetics Group (BGG) as it strives to improve the genetics of China’s hog herd to produce cheaper meat for the world’s top pork consumer. Breeding pigs that have larger litters, reach slaughter weight quicker and require less feed […]
Elon Musk has won the backing of some of the world’s wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N). From Oracle Corp’s (ORCL.N) co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors had thrown their weight […]
A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China at valuations lower than during private funding rounds in so-called blood listings. Unlike tech sector woes elsewhere, triggered mainly by rising interest rates, the misery in China comes from frothy tech markets and disruptions […]
A majority of Amazon.com Inc shareholders on Wednesday voted against each of 15 investor-led resolutions that challenged the company’s policies – including its treatment of workers and use of nondisclosure agreements, an executive said at its annual meeting. The total number of investor resolutions, including one introduced at the online meeting, was a record for […]
The crash of UST was a tragedy for many. People lost their life savings, salaries paid in UST were rendered worthless, and tens of billions of dollars were lost by both individuals and institutions. And investors who had made otherwise calculated risks saw the charts fall to nothing in mere days and shook the entire […]
Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a deal which could transform the chipmaker into a diversified tech firm, people familiar with the matter said. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms being discussed are not known. […]