Chinese tech giant Tencent Holdings Ltd. (HKG: 0700) recently announced that it would acquire the Sumo Group (AIM: SUMO), a British video game firm, for a £919 million (US$1.27 billion). Following the news of the prospective acquisition, shares of Sumo jumped over 40%.
Read More »Regulation – The New Frontline of Social Media
Social media is at the most volatile point in its history. Nations and organizations are increasingly enforcing their own rules onto their social media users, whilst the platforms themselves are remaining tight-lipped about how they plan to deal with an increasingly regulated online sphere.
Read More »Healthcare Robotics in a Post-Covid-19 World
Although the last decade has seen robotics starting to infiltrate, the Covid-19 pandemic looks set to accelerate adoption. As doctors and nurses are under tremendous pressure to deliver care under hazardous conditions, robotics is offering a safer way to augment and replace human tasks.
Read More »Bitcoin Rallies in 2020 to Reach New Highs and Gathers Steam for 2021
In December, the value of Bitcoin rose to the highest it has been and has increased by almost 250% since January. Bitcoin has experienced some lows, with some uncertainty around whether it is here to stay or not. However, due to the high liquidity in global markets, Bitcoin has also …
Read More »Bank of England Says Regulators Must Keep Ahead of Stablecoins
Stablecoins are a form of digital currency that has been slowly adopted by the broader financial markets and regulators. Due to technological changes, the traditional financial industry is slow to move when they encounter new products as they do not like disruption. By the end of the article, you will …
Read More »Bitcoin is the ‘True’ Internet Currency – Jack Dorsey
What is the first thing that comes to your mind when you hear the word “Bitcoin?” Investment, isn’t it? There is no denying that Bitcoin is a potential investment. However, replacing paper-coin currencies is at the core of it. You can currently pay for your Starbucks cafe latte, buy domain …
Read More »European Union’s Covid 19 Response Has Put The Euro In A Perfect Position
Every country or continent has tried to tackle the coronavirus outbreak in a different way. Regardless of what the European Union has done, most market indicators believe the euro currency will keep going up. Every major currency was expected to lower and lose some power with the crisis, but all …
Read More »Facebook & It’s Cryptocurrency Wallet
What if you could send money as easily and inexpensively as sending a message to your friend? This isn’t a pipedream anymore, as Facebook promises to make this possible. Facebook is dipping their toes in cryptocurrency waters to revolutionize the current financial fabric with a project known as Libra. Facebook …
Read More »Brave Browser Fork Changes Name After Legal Threats
A legal threat has forced Braver – the ad-free extension of the Brave Browser – to change the brand name, causing confusion among users. Initially, it was known as Braver. It was a browser derived from the popular Brave browser, which was available as open source. It was an adware …
Read More »Is ChainLink the Next Crypto Revolution?
ChainLink is a decentralized data oracle network connecting smart contracts to credible, real-world data. To put it simply, ChainLink is a trustworthy middleware between blockchain smart contracts and external data sources. A decentralized oracle network employs multiple data inputs. This eliminates any single point of failure in smart contracts and …
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