Tag Archives: digital

Investors have been increasingly viewing cryptocurrency-related stocks as an attractive investment theme. While cryptocurrencies are decentralized, investing in crypto stocks is a centralized way of exposure to the crypto space. The long-term outlook seems attractive for cryptocurrency stocks, and one player in particular that deserves a mention is Marathon Digital (MARA). At the beginning of the year, MARA stock was trading at $10.40. As Bitcoin surged, the stock touched a high of… Source link

SUNNYVALE, Calif. and SAN JOSE, Calif., May 13, 2021 /PRNewswire/ — Google Cloud and PayPal today announced they are deepening their relationship to further accelerate PayPal’s digital transformation and evolving customer needs. Under this expanded relationship, Google Cloud will provide both infrastructure and analytics capabilities to support PayPal’s growth, helping the company process transactional data at massive scale. Following exponential growth since it became an independent… Source link

A former financial regulator says the United States needs to step up its research into a central bank-issued digital currency, as the Federal Reserve explores the viability of a digital dollar. Christopher Giancarlo, who ran the Commodity Futures Trading Commission (CFTC) as its chairman from 2017 to 2019, is working with consulting firm Accenture on pilot programs that will test different use cases for a digital dollar in the United States. “What’s not being done, and what needs to be… Source link

Popular platforms for digital assets like Coinbase (COIN), which just went public this month, and payment platforms like Square’s (SQ) Cash App, have attracted hackers along with millions of new users — and some customers say they’re never able to get their money back. What’s more, no one is coming to their rescue — not regulators, the U.S. justice system, or platforms, which in some cases don’t offer live customer service support over the phone. “The way these companies make money is… Source link

Mary Shen O’Carroll, a creator and leader of the legal operations team at Alphabet Inc’s Google who also served as president of the Corporate Legal Operations Consortium, said Thursday that she is leaving both roles and joining contract management platform Ironclad as its chief community officer. Mike Haven, head of legal operations and associate general counsel for Intel Corp, will succeed her as president of CLOC, an industry group that now has thousands of members. CLOC only allows… Source link

Yahoo Answers is shutting down and deleting its content by June 30.  When Big Tech deletes websites, humanity loses valuable knowledge and collective memory. We need to preserve our collective digital memory for future generations. Raphael Tsavkko Garcia is a Brazilian journalist and holds a PhD in Human Rights from the University of Deusto. This is an opinion… Source link

The Federal Reserve is continuing its research on the use of a central bank-issued digital currency (CBDC), but key officials are saying not to expect any Fed-issued digital dollars any time soon. “That fundamental question of, ‘what are we trying to do with this’ is not clearly answered,” Fed Governor Randal Quarles said in a webinar on Tuesday. The Fed is working with researchers at the Massachusetts Institute of Technology to build and test a digital dollar in different hypothetical… Source link

Bitcoin might become for India’s millennials what gold is for their parents, no matter what the government says.  India, the fifth-largest nation by nominal GDP, often makes headlines for its attempts to outlaw crypto, real or rumored. But the government’s less-than-friendly attitude toward crypto has not curbed Indians’ curiosity about it. Nor do rumors scare away the giants of the crypto world. Just last week, Coinbase announced it is planning to establish its presence in India…. Source link

Bloomberg Tencent’s Ma Grapples with $170 Billion China Threat (Bloomberg) — Beijing’s clampdown on its most powerful internet firms is clouding the prospects for Tencent Holdings Ltd. and its $120 billion financial services operation just as it’s casting around for new sources of growth.China’s top watchdogs have stepped up oversight of the country’s most valuable company, scrutinizing everything from Tencent’s insights into the online behavior of a billion-plus people to an… Source link

Taco Bell (YUM) is doubling down on major trends amplified during the COVID-19 pandemic, with the restaurant aiming to usher in the future of its restaurant designs and service delivery. In plans unveiled on Tuesday, Taco Bell plans to bolster its investment in drive-thrus and “experiential to digital-forward elements” as the brand ramps up its plan to have 10,000 restaurants open globally this decade.  “Our restaurant portfolio continues to rapidly evolve, striking a crucial balance between… Source link