Facebook plans to launch ‘GlobalCoin’ currency in 2020

Facebook is finalizing plans to launch its own cryptocurrency next year. It is planning to set…

FCA: Fund managers need to caution investors regarding hard-to-sell assets

Fund managers will be compelled to issue clear warnings to clients putting resources into hard to…

European stocks close lower

• China announced It would impose new tariffs on another $75 billion worth of U.S. goods,…

Facebook finally buys CTRL-Labs for its mind-reading wristband in $1bn

Facebook has bought neural interface startup CTRL-Labs in around $1 billion (£800m).  The US-based startup joins…

Bitcoin’s price has spiked back

Bitcoin’s price has spiked back above the $10,100 area as several major altcoins see minor gains.…

Fintech firm TransferWise registers profit for a third consecutive year

Financial technology firm TransferWise posted a profit for the third consecutive year, infrequently seen growth in…

Jack Ma, the chairman and co-founder of Alibaba Group steps down

Jack Ma, the chairman, and co-founder of Alibaba Group steps down on Tuesday. Besides resigning from…

Shopify To Give Competition To E-Commerce Shark Amazon

Shopify is giving direct competition to other e-commerce giants like eBay and soon to Amazon as…

Google to pay $170 million penalty for violating children’s privacy rights

In an attempt to settle YouTube’s children privacy violation case with the Federal Trade Commission and…

Bank of England: No-deal Brexit would shrink the UK economy by 5.5%

The Bank of England governor, Mark Carney, warned the UK lawmakers against the no-deal Brexit, as…