Hong Kong Exchange Makes Surprise $36.6 Billion Bid for LSE Kiu Yan Wong and Viren Vaghela – BloombergAsian bourse operator was considering a deal for many months; LSE recently agreed to purchase Refinitiv for $27 billionHong Kong Exchanges & Clearing Ltd.made an unexpected $36.6 billion bid for London Stock Exchange Group Plc, a bold move…
Libra Cryptocurrency
Libra is a permissioned blockchain digital currency proposed by the American social media company Faceboo
Facebook Libra Is Seeking to Register as a Payment System in Switzerland
The company set up to run Facebook’s Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland. Swiss financial regulator FINMA confirmed in a guidance note on stablecoins Wednesday that it had received a request for an assessment of how it would classify the Libra project as currently planned.The agency…
Swiss-based Libra will have to meet tough U.S. standards – U.S. Treasury
By Brenna Hughes Neghaiwi BERN (Reuters) – The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S.Treasury official said on Tuesday Reuters Sep 11, 2019 01:15:40 IST By Brenna Hughes Neghaiwi BERN (Reuters) – The Facebook-led Libra…
Apple is playing catchup. New iPhones won’t help – CNN
Mohanbir Sawhney is a professor at Kellogg School of Management at Northwestern University.The opinions expressed in this commentary are his own. Apple’s expected launch on Tuesday of the iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max marks a continuation of its shift from offense to defense.Once synonymous with innovation — such as the…
India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost
One of the most popular reality TV shows in India called Kaun Banega Crorepati, based on the show ‘Who Wants to Be a Millionaire,’ has just given crypto a boost.A contestant on the show was asked a question about Facebook’s Libra cryptocurrency, and the show’s host, Amitabh Bachchan, proceeded to explain what cryptocurrencies are to…
Apple Reveals Shock Bitcoin And Crypto ‘Interest’ Ahead Of Hyped iPhone 11 Event
Bitcoin and cryptocurrency interest has been growing among tech companies so far this year, with the likes of Samsung and Facebook investigating the potential of crypto –and now iPhone maker-Apple has said its “watching” bitcoin and cryptocurrency ahead of its much-hyped iPhone 11 launch event tomorrow.Apple’s iPhone 11 event comes shortly after an Apple executive…
ECB board member blasts Facebook and Libra – “Treacherous Promises”
Home Cryptocurrency Digital Currency ECB board member blasts Facebook and Libra – “Treacherous Promises” ECB board member blasts Facebook and Libra – “Treacherous Promises” Just when Mark Zuckerberg and his executive team had thought that the nasty news about Facebook and its Project Libra had died down a notch, out comes Yves Mersch, executive board…
Washington Post: New York Announces Antitrust Investigation into Facebook, Kicking off Multistate Effort
Washington Post: New York Announces Antitrust Investigation into Facebook, Kicking off Multistate Effort Posted by Erin Elizabeth | Sep 6, 2019 A multistate investigation of Facebook for possible antitrust violations is underway.New York Attorney General Letitia James announced the news Friday.James will be joined by the attorney generals of Colorado, Iowa,Florida, Nebraska, North Carolina, Ohio,…
Dorian’s ‘Final Act’ Could Be a Tough 24-Hour Run Through the Carolinas
Dorian’s ‘Final Act’ Could Be a Tough 24-Hour Run Through the Carolinas Dorian’s ‘Final Act’ Could Be a Tough 24-Hour Run Through the Carolinas #yahoo (Bloomberg) — Hurricane Dorian is battering the coast of North Carolina, where it may briefly make landfall with fierce winds and driving rains on its destructive march up the U.S.East…
Norway’s Telenor and Malaysia’s Axiata call off Asia JV talks
Norway’s Telenor and Malaysia’s Axiata call off Asia JV talks Norway’s Telenor and Malaysia’s Axiata call off Asia JV talks #yahoo Norway’s Telenor and Malaysia’s Axiata Group have ended talks about creating a telecoms joint venture with nearly 300 million customers across South Asia and Southeast Asia, Telenor said on Friday.”Due to some complexities involved…