Author Archives
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A Potential $100B Valuation For Xiaomi IPO: WSJ
Chinese IT giant Xiaomi has bene pitched by investors with offers of taking it public earlier this month according to a report by the Wall Street Journal, citing sources. Reports say that the company was valued at over $100 billion… Read More ›
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Tractica Report Predicts Annual AI Software Revenues To Reach $89.8 Billion By 2025
There is a rush among startups to develop platforms that offer artificial intelligence (AI) and create targeted and niche solutions that are able to address the firm specific problems. This is indicative that the market for AI is being now… Read More ›
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Leisure Venues Kept Stable In The UK By Rise In Casual Dining Venues Which Offset Closure Of Pubs
The number of places where people can have a drink in the U.K. have not reduced despite the market conditions getting tough due to the emergence of casual dining offsetting of the closures of pubs. Compared to a year earlier,… Read More ›
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An Academic Alleges Debt Trap To ‘Bend Other Countries To Its Will’ Being Used By China
Partner countries of China’s inter-continental Belt and Road Network would be deprived of their valuable natural resources and there is threat that they would be “shackled” by the project, if one of the critics of the project is to be… Read More ›
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Countries go cashless, and then… step back
Banknotes are regularly threatened to disappear from our economies, under the pressure of banking and credit card industries, governments economic policies and social trends. But once cash yields to more “modern” payment systems, it seems it is sorely missed, enough… Read More ›
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Biometric Boarding Trial In The US Begun For The First Time By British Airlines
British Airways in partnership with Los Angeles Airport, has for the first time in history of aviation, set up experimental self-service biometric boarding gates on international flights out of the USA. Flyers would have a smoother journey because of the… Read More ›
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There Is Demand For Bitcoins From Ransom Seeking Hackers As Incidents Skyrockets
Chubb Ltd is one insurer among at least three companies that are facing increase in costs related to claims from ransomware attacks. The company mainly serves wealthy families and corporations. And the rising value of bitcoin has been blamed by… Read More ›
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A Widely Accepted Global Investor Survey Ranks Bitcoin To Be The ‘Most Crowded’ Investment Globally
Bitcoin has become a cause of worry for more traditional money managers than every before. Bank of America Merrill Lynch’s December global fund manager survey that was released on Tuesday sowed that bitcoin was at the top of the list… Read More ›
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Japanese Researchers Discover Self-Healing Glass By Accident, Could Be Used In Smart Phone Screens
A new form of glass that is able to fix cracks and breaks by itself is being claimed to have been developed by Japanese researchers. There is no need for making use of high heat so that glass is able… Read More ›
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A Survey Of European Economists Says Global Financial Stability Not At Risk Due To Bitcoin
According to a group of leading economists from Europe, bitcoin is unlikely to shake up the mainstream markets and as such the cryptocurrency poses no real treat to financial stability. There have been repeated warnings from senior financiers about the… Read More ›