Business

Business

Flux the London-based fintech has raised the amount of $7.5 mn as fund for launching Series A. The company has fabricated the technology for banks and merchants for offering detailed digital receipts. The VC firm is leading in the funds and also marking the presence of investing participants such as Anthemis and PROfounders. The company was founded in 2016 that bridges the gap between the digital receipt data and general

Lack of Regulations and Insurance Hurts Cryptocurrency Industry

The Asian cryptocurrency traders are facing difficulty in facing in securing their investments.  Large-scale fund managers cannot enter the mainstream market due to rising risks. Incidence of hacks and thefts is increasing. This has resulted in hefty losses, causing concern. There is further confusion about the how and what of cryptocurrency trading. Money laundering is also raising several eyebrows at the industry. Cryptocurrency is still at a nascent stage. There

Sundar Pichai Assures Capability of Tech Industry Tackle AI Worries

With artificial intelligence proliferating in most technological domains, many issues regarding its safety have cropped up recently. However, Google’s Sundar Pichai gave a word of assurance that the tech industry can handle the upcoming challenges. Regulation of AI Manufacturing Should Receive Boost Pichai stated that the tech industry is capable enough to properly control how AI works. The entire talk was included in a report published a couple of day

Mobile

The second largest stock market listing trailing Alibaba, the SoftBank will raise over US$ 23 Bn for its mobile business in Japan from initial public offer (IPO). This is expected to retain the status quo of SoftBank as the second largest stock market listing in the foreseeable future. In 2014, the bank had raised nearly US$ 25 Bn at current exchange rates. Pricing its share at US$ 13 or 1,500

European Watchdogs Accused Google of Invading Privacy

Google, the American multinational technology company specializing in internet related services, is into news again. And this time it is bad news. A group of European consumer monitoring team have recently filed a complaint of privacy against Google stating that the company is tracking web users by manipulative tactics. They are filing the complaint under a new data protection configuration, GDPR by the EU. GDPR regulates the use of data

Trading

This year’s biggest showdown has been the trade war between China and the U.S. It all started with the U.S. slapping import duties on several Chinese goods, and the latter reciprocating with similar measures. This has rattled economies world over. Experts predict global growth to slow down owing to the face-off. Given the magnitude of the situation, all hopes are now set on the G20 summit in Argentina. Everyone is

shopping

On the Black Friday this year, several consumers turned to the internet to crack the holiday season offer, this mark huge online record sale of $6.22 billion. Also, several consumer chose to skip the planning for venturing stores. The new record data set on November 24, 2018, from buying everything which range from electronic goods to apparel segment. As per new study by the Adobe Analytics, the sale upsurge from

bitcoin

The price of Bitcoin is dropping continuously and on Tuesday it fell to 7% to US$4,387 which is nearly about 30% of the loss in past weeks. 14% of the price of this biggest cryptocurrency was fell down up to US$5,000 for the first time from last 13 months. And now, it is at the lowest level since October of last year. Other cryptocurrencies are also declining from past few

Data

An African ISP made a tremendous mistake, which led good data for search and other services such as cloud services went off the target on last Monday, November, 12. It is reported that the data was sent in a complete wrong way when an African ISP, MainOne Cable, which is present in Nigeria, went to update their address books. This step was taken for key network hardware. It was claimed

Google

Alphabet Inc. is an American multinational company with its headquarters in Mountain View, California. This company was formed in order to incorporate the restructuring of Google and is considered as the parent company of Google along with its other sibling companies. In a recent news, it is reported that the Alphabet Company is soon to switch a few of its companies in and around in order to organize their health