Tag Archives: Investment

Feeling down that bitcoin prices are well off their all-time highs? Don’t be, says bitcoin bull and MicroStrategy CEO Michael Saylor. “My time horizon is a decade or more,” Saylor said on Yahoo Finance Live. And Saylor is putting his money where his mouth is on bitcoin. MicroStrategy disclosed this week it purchased 660 bitcoin for about $25 million between Dec. 30, 2021 and Jan. 31, 2022. The average price per coin tallied $37,865. The company now holds 125,051 bitcoins valued at about $4.8… Source link

In his 2022 letter to CEOs, BlackRock (BLK) CEO Larry Fink urged other heads of companies to prepare for and participate in the green transition as part of a broader defense of stakeholder capitalism. “I believe the decarbonizing of the global economy is going to create the greatest investment opportunity of our lifetime,” Fink wrote. “It will also leave behind the companies that don’t adapt, regardless of what industry they are in.” The CEO of the world’s largest asset manager… Source link

Moscow, Amsterdam, December 30, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that Fitch Ratings has assigned Yandex a first-time Long-Term Issuer Default Rating (IDR) of ‘BBB’ with a Stable Outlook. According to Fitch’s published report, the key rating drivers included, among others, Yandex’s strong leadership position in many consumer segments in Russia (including… Source link

Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. The undisclosed investment comes two months after Alphabet CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in “tech-led initiatives”, which includes a $50 million Africa Investment Fund targeted at early- and growth-stage startups on the continent. He made this known at the Google for Africa… Source link

During the pandemic in 2020, nearly 20 million more Africans subscribed to a mobile service than in the previous year, according to industry trade group Global System for Mobile Communications (GSMA), with 4G connections set to double over the next four years. Tech giants such as Google — which expects hundreds of millions more people to come online across the continent for the first time in the next few years — are moving quickly in the race for Africa’s digital inclusion. Last year,… Source link

People gather for picnics beside the Harbour Bridge in the suburb of Kirribilli on September 19, 2021 in Sydney, Australia. Covid-19 restrictions have eased for people in NSW who are fully vaccinated. James D. Morgan | Getty Images News | Getty Images San Francisco, London, Montreal, Paris, and New York have all developed a reputation for being hotbeds of artificial intelligence research over the years. Sydney and Melbourne, Australia’s two biggest cities, have not. But that could be about to… Source link

Bitcoin, ether, and other major coins face selling pressure as anti-crypto comments from Twitter’s chief financial officer soured the market mood. The continued strength in the dollar index likely added to bearish forces. Bitcoin was trading 4.3% lower on the day near $60,800, while ether was nursing a 5.3% loss at $4,320 at press time, according to CoinDesk data. Litecoin, binance coin, Polkadot’s DOT token, and prominent decentralized finance coins flashed bigger losses. The selling… Source link

CEO Sundar Pichai announced Monday that the company would devote 1 billion Australian dollars (about $736 million) to the country over the next five years. The funds will go, in part, toward launching the firm’s first research hub in Australia, as well as helping develop the nation’s cloud computing sector. Google (GOOGL) also plans to team up with an Australian government agency on scientific research, which will include projects on clean energy and protection of the Great Barrier Reef…. Source link

Dublin, Nov. 12, 2021 (GLOBE NEWSWIRE) — The “Russia Data Center Market – Investment Analysis and Growth Opportunities 2021-2026” report has been added to ResearchAndMarkets.com’s offering. Russia data center market size will witness investments of USD 2.02 billion by 2026, growing at a CAGR of 6.56% during 2021-2026 This report analyzes the Russia data center market share. It elaboratively analyzes the existing and upcoming facilities and data center investments in terms of IT, electrical,… Source link

GLASGOW, Scotland — When the House of Representatives passed the $1.2 trillion infrastructure bill late Friday night, it took the largest congressional action to confront climate change in U.S. history. The bill contains $150 billion for clean energy advancement and adaptation to the effects of climate change, surpassing the 2009 economic stimulus package, which spent $90 billion on clean energy development and deployment. The new package also includes $73 billion for modernizing the U.S…. Source link