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FBI arrests Israeli binary options CEO
September 27th, 2017
The CEO of an Israeli binary options company accused of defrauding investors out of millions of dollars was doubtless surprised to find herself surrounded by FBI agents shortly after arriving in the United States last week. Binary options is ...
South Africa’s Second Largest Supermarket Chain Pick n Pay Trials Bitcoin Payments
September 18th, 2017
A major supermarket chain in South Africa, Pick n Pay, has started a trial to accept bitcoin payments in-store at its head office location. A payment technology company named Electrum provides the payments platform, with bitcoin exchange Luno providing ...
European Commission welcome digital taxation proposal
September 12th, 2017
The European Commission has today welcomed a joint proposal from the so-called Big Four member states – France, Germany, Italy and Spain – on the taxation of large digital companies. The Irish Government is, however, expected to express caution ...
Who is new Uber CEO Dara Khosrowshahi?
August 28th, 2017
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to ...
Uber investor sues Uber’s former chief executive for fraud
August 11th, 2017
Travis Kalanick, who built Uber into a transportation behemoth, was ousted as chief executive of the ride-hailing company in June by unhappy investors. Now, one of those investors has escalated the battle by suing Mr. Kalanick, claiming fraud and ...
7 Cryptocurrency Predictions From the Experts
July 28th, 2017
Fortune convened some top cryptocurrency entrepreneurs, venture capitalists, bankers, and others to chat about the future of digital money at Fortune’s Brainstorm Tech conference in Aspen, Colo. last week. A select group met at the Aspen Institute for a ...
PayPal reports record revenues
July 27th, 2017
PayPal has issued today an announcement to publish Second Quarter 2017 Financial Results. According the results: PayPal drove record revenues, volume, and net new actives: In the second quarter, we added 6.5 million net new active accounts to our payments ...
Yen advanced, Euro and Australian dollar rose
July 25th, 2017
Asian equities were mixed ahead of the U.S. Federal Reserve’s policy decision and as investors sifted through earnings from companies including Alphabet Inc. Oil rose while the dollar resumed declines. The MSCI Asia Pacific Index fluctuated near a 10-year ...
Uber founder Travis Kalanick resigns as C.E.O.
June 21st, 2017
Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on ...
Bitcoin is suddenly on pace to have its worst week since 2015
June 16th, 2017
After surging briefly to an all-time high of $3,000, bitcoin has been undergoing a dazzling reversal of late, with the digital currency on track to post its worst weekly decline in more than two years. Bitcoin BTCUSD, +1.77% has ...
