The keyword here is ‘implied probability’. According to Betfair, betting odds indicate an implied probability that 62% of British citizens will vote to stay within the European Union. According to Betfair, this implied probability fell to nearly 55% yesterday, however… Read More ›
Day: June 15, 2016
ECB working with Bank of England to increase market liquidity
The ECB is working with the Bank of England to reduce the fallout of a Brexit vote. As per officials with the knowledge of the matter at hand, the European Central Bank along with the Bank of England, would publicly… Read More ›
Will Twitter bring music into its services in the near future?
During an investment round of SoundCloud, a Berlin-based music service which allows people to upload audio files and share their content, Twitter has invested $70 million in this startup. Re/code has reported citing sources familiar with the matter at hand… Read More ›
Samsung negates Korea Economic Daily’s news reports of its investment plans
Samsung denies news report of planning to invest $21.22 billion into 3D memory chips. Korean electronics giant Samsung Electronics has stated that local media news reports of its plans of investing $21.22 billion (25 trillion won) into 3D NAND memory… Read More ›
Fred Salerno, Viacom’s lead independent Director pleads for access to Sumner Redstone
Philippe Dauman has alleged that Shari Redstone, Sumner Redstone’s daughter is manipulating her 93 year old father, a media tycoon who holds a controlling stake in National Amusements Inc, which in turn has controlling stakes in Viacom and CBS Corp…. Read More ›