Finance industry

China and the US Back at it Again, Microsoft and Samsung Band Together

Finance industry

Just when many had hoped the power struggle between China and the United States would slow down, things have heated back up. In early August the Chinese government devalued the Yuan, its native currency, to 6.92 to the US dollar, its lowest rate in a decade. The last time the Yuan was below 7 to…

Can a democracy exist without data privacy as a basic human right?

Finance industry

In a world fueled by technology, data has quickly become the hottest commodity around. Data fuels business decisions, gives insights into consumer behavior, and creates a more efficient world. Alternatively, when data is not protected and falls into the wrong hands, it can spell disaster. The most valuable and profitable companies in the world rely…

Europe, Amazon, and The Global Economy All Felt the Heat in July

Finance industry

The heatwave blanketing Europe did not come without severe economic consequences. In France, where temperatures broke records in July, the heatwave is expected to cause one of the country’s biggest exports, wine, to decrease by up to 13%. In the worst-case scenario, this could lead to the country’s worst output of wine in 5-years. The…

Global P2P Industry News Roundup – July

Finance industry

Many people believe peer-to-peer business models only exist in the world of finance. Yet, over the past decade, more and more p2p businesses have popped-up in all areas of business. This is because the peer-to-peer economy operates in a model when two individuals interact directly with each other to conduct business. If two individuals conduct…

Tesla Sales Skyrocket, Deutsche Pivots, & More

Finance industry

The electric car maker Tesla reported record delivery and production numbers for the second quarter of 2019. The company delivered 95,200 cars during the three months ending June 30 — a 51.1% increase over an admittedly weak first quarter and beating its previous record of 90,700 deliveries set in the fourth quarter of 2018. Analysts…

In a limitless AI future without jobs, who will be wealthy?

Finance industry

In the 21st century, technology has moved at lightning speed. New innovations have, in many ways, created a better and more efficient world. One of the most talked about areas of technological advancement is artificial intelligence, where human nature merges with technological genius. The use of artificial intelligence is already playing a role in daily…

German project hits political roadblock, robots are coming for your jobs, & more

Finance industry

Facebook announced its intentions to release a cryptocurrency in the near future. The Facebook Libra will allow users to make purchases or send money to family and friends quickly and easily, with minimal fees. The cryptocurrency is expected to be integrated heavily into the Facebook-owned Whatsapp and Facebook social media platform. The company’s whitepaper on…

Tech giant launches paid subscription service for finance lovers

Finance industry

News from around the world of finance, technology, and investing Yahoo finance is launching a paid-subscription service for its customers. According to Verizon, Yahoo’s parent company, Yahoo will still have a free version of its service, but will now afford a paid-subscription with even more tools and resources for Yahoo Finance lovers. “This new service…

Under 18? Here are 5 ways you can invest right now…

Finance industry

If you are under 18, it is going to be extremely hard for you to find outlets to invest financially. Age restrictions in place for trading stocks, buying real estate, and peer-to-peer lending makes it so that you must await your 18th birthday until you can invest financially in the way you may want. Even…

New crypto coin, Facebook’s secret blockchain project, the OS of finance, and more

Finance industry

News from around the world Cornell University (NY, USA) professor Emin Gun Sirer is launching his own cryptocurrency coin and network. One of the “higher-profile academic experts on blockchain technologies,” Sirer has secured funding for his startup—Ava Labs Inc.—from some of field’s biggest VCs. Ava will be a competitor of Ethereum and other older blockchains….