Apple will save billions under new Republican tax plan It’s no secret that Apple currently has more cash that it knows what to do with. As of the company’s most recent earnings report, Apple now finds itself sitting on approximately $269 billion in cash and other securities. But as it […]
Business
Business
Bitcoin rises 10 percent, recovers from last week’s brutal selloff Bitcoin extended its recovery in holiday-thinned trading on Tuesday, rising 10 percent to be up more than a third from last week’s lows of below $12,000. Bitcoin, the world’s biggest and best-known cryptocurrency, fell nearly 30 percent at one stage […]
As energy markets evolve, blockchain powers up As energy markets evolve, blockchain powers up:- Energy startups have been using blockchain to power electricity sharing in microgrid trials from Texas to Tasmania for a year or so. But now companies are moving beyond trials to commercial projects, leveraging the distributed ledger […]
AT&T, Time Warner extend merger deadline until June AT&T Inc and media and entertainment group Time Warner Inc, which are seeking to merge despite U.S. Justice Department opposition, extended the termination date for their deal to June 21, AT&T said in a filing on Friday. The Justice Department sued in […]
Ford CEO apologizes, voices zero tolerance for harassment Ford CEO apologizes, voices zero tolerance for harassment:- Ford Motor Co chief executive Jim Hackett has apologized to employees for accusations detailed in a New York Times report that management at two Chicago plants did not respond adequately to complaints of sexual […]
U.S. FDA plans to let device makers report malfunctions less frequently U.S. FDA plans to let device makers report malfunctions less frequently:- The U.S. Food and Drug Administration on Friday said it plans to let medical device makers report less serious malfunctions of some devices on a quarterly basis to […]
Appeals Court Rules Against Latest Travel Ban Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble. After falling to as low as $11,159, it recouped some losses […]
Bitcoin exchange Coinbase allows trading in Bitcoin Cash Bitcoin exchange Coinbase allows trading in Bitcoin Cash:- San Francisco-based bitcoin exchange Coinbase said on Tuesday it would allow customers to buy, sell, send and receive Bitcoin Cash, a clone of the original cryptocurrency. Bitcoin Cash was created on Aug. 1 when […]
GOP tax bill advances to House floor after clearing rules panel GOP tax bill advances to House floor after clearing rules panel:- The final Republican tax bill contains slightly more in tax relief for the middle class than did its earlier versions, but the wealthy remain the biggest winners in […]
Oracle Corp to buy Australia’s Aconex for $1.19 billion Australia’s Aconex Ltd (ACX.AX) said on Monday it had received a A$1.56 billion ($1.2 billion), or A$7.80 in cash-per-share, buyout offer from U.S. software major Oracle Corp (ORCL.N), sending the target’s share price up 45 percent. Aconex said in a statement […]
