Search Results for: Jack Ma

Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade

November 1st, 2018 (0)
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...

Google and Mastercard have secret deal to track users’ offline spending in stores

September 3rd, 2018 (0)
Google has reportedly bought Mastercard credit card data in the US to help it track users’ offline spending in stores. The two firms had not made the deal public but it was discovered by Bloomberg. Mastercard denied suggestions that ...

Make Capital Cheap and Labor Costly, and Guess What Happens?

July 12th, 2018 (0)
  Employment expands in the Protected cartel-dominated sectors, and declines in every sector exposed to globalization, domestic competition and cheap capital. If you want to understand why the global economy is failing the many while enriching the few, start ...

Irrational Beliefs Are Ruling Markets

July 4th, 2018 (0)
  To understand the consequences of the credit cycle, we must dismiss pure opinion, and examine the evidence rationally. This article assesses the fate of the dollar on the next credit crisis, a subject of increasing topicality. It concludes ...

Bitcoin price manipulation puts trust in cryptocurrencies at risk

June 27th, 2018 (0)
Cryptocurrencies like bitcoin have grown in popularity in large part because they can be bought and sold without a government or other third party overseeing everything. But there’s a flipside: Unlike in markets for other assets such as stocks ...

Global IPO outlook remains robust after promising Q1 2018 results

April 18th, 2018 (0)
Despite geopolitical uncertainties and market volatility, global IPO activity in the first three months of 2018 posted strong results to start the year. Global IPO markets raised US$42.8b in Q1 2018, a 28% year-over-year (YOY) increase on Q1 2017. ...

Lessons from the Cryptojacking Attack at Tesla

February 21st, 2018 (0)
A few months ago, the RedLock Cloud Security Intelligence (CSI) team found hundreds of Kubernetes administration consoles accessible over the internet without any password protection. A couple of the instances belonged to Aviva, a British multinational insurance company, and ...

Cyber security expert: People’s smart homes could come under attack as a consequence of bitcoin’s price surge

January 8th, 2018 (0)
People’s smart homes could come under attack as a consequence of bitcoin’s price surge, a cyber security expert has warned. “Cryptojacking” incidents, in which people’s devices are quietly hijacked and forced to mine digital currencies for other people, are ...

Oil markets to be disrupted for at least three months in wake of Harvey

August 31st, 2017 (0)
The economic impact of Hurricane Harvey’s destruction has been limited on Eastern Canada so far, but the fallout from the storm is expected to affect oil markets for months. Harvey, a category-4 hurricane later downgraded to a tropical storm, ...

U.S. stock futures and Asian share markets tumbled; Yen jumped

August 29th, 2017 (0)
U.S. stock futures and Asian share markets tumbled on Tuesday, while the yen jumped to four-month highs against the dollar after North Korea fired a missile over northern Japan, fuelling worries of fresh tension between Washington and Pyongyang. S&P ...
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