Business

Hackers Stole $31M in Tokens from Cryptocurrency Company Tether

Hackers Stole $31M in Tokens from Cryptocurrency Company Tether All tokens issued stand firm on the back of assets in Tethers reserves. Tether is a bridge between traditional fiat currency , like dollars or yen, and the world of cryptocurrency . Tether has also released new versions of OmniCore, the open source software it uses to facilitate interoperability between blockchains, that it said "should prevent any movement of the stolen coins from the attacke... [Full Article...]

Uber introduces live location sharing, in-app gifting and more features

Uber introduces live location sharing, in-app gifting and more features It can be challenging for riders and drivers to find each other at busy locations. That way, your driver knows you're right there - or walking around the corner - to meet them. Lastly, Uber has added in-app gifting, so you can send Uber credits to your friends without having to leave the app. Customers can look for their driver by selecting a color via the Uber app. [Full Article...]

Tesla Unveils A Glorified Mobile Powerbank For $45

Tesla Unveils A Glorified Mobile Powerbank For $45 The power bank uses the same 18650 cell used in its cars including Model X and Model S but of course, the cars use more than 1 cells. The power bank was designed keeping the Tesla Design Studio's Supercharger in mind, and could certainly take its place of honor inside one of Tesla's cars. [Full Article...]

EasyJet profits sink despite record passenger numbers

EasyJet profits sink despite record passenger numbers Pretax profit for the year was, albeit slightly, ahead of Bloomberg's consensus estimate of GBP402 million. Full-year pre-tax profits at EasyJet dropped 17.3 per cent as the airline weathered a currency hit of £101m. The no-frills carrier said trading in its first quarter was "encouraging" - suggesting it was benefiting from the demise of Monarch Airlines, which collapsed last month in the w... [Full Article...]

Newcastle United Takeover: Financial Firm Tables Formal Bid In Region Of £300m

Newcastle United Takeover: Financial Firm Tables Formal Bid In Region Of £300m It was reported that the 53-year-old had initially set a £400m asking price for the club, which has since been lowered to £380m. Ashley said on 16 October he wanted to sell after 10 years in charge. PCP had been exploring a deal to buy the Merseyside club from its American owners for much of the past year, but was ultimately deterred by their repeated attempts to increase Liverpool's price tag. [Full Article...]

Midland Salvation Army Christmas kettle campaign hoping to raise $60000

Midland Salvation Army Christmas kettle campaign hoping to raise $60000 Saying "things aren't the way they used to be", Wilkinson said the Salvation Army and the partners involved in the event have been thinking of ways to give it a new face. When our kettles are out in the street, I think it reminds people to support our programs", Divisional Commander for the Salvation Army John Chamness said. [Full Article...]

Worth Watching Stock QUALCOMM Incorporated (QCOM)

The firm has "Buy" rating given on Thursday, January 26 by Stifel Nicolaus. BMO Capital Markets maintained QUALCOMM, Inc. Piper Jaffray maintained the stock with "Buy" rating in Thursday, July 20 report. Van Strum And Towne invested in 11,952 shares or 0.43% of the stock. Summit Grp Limited Liability Company holds 0.14% in QUALCOMM, Inc. About 6.28 million shares traded. [Full Article...]

Jose Izquierdo was going to be subbed, says Brighton's Chris Hughton

Jose Izquierdo was going to be subbed, says Brighton's Chris Hughton The hosts were furious when their penalty appeal was turned down after Glenn Murray fell under a Ryan Shawcross challenge but they levelled in the 44th minute as Pascal Gross slotted the ball home after a fine solo run and cross from Davy Propper. [Full Article...]

Yellen Resigns from Federal Reserve Board of Governors

Yellen Resigns from Federal Reserve Board of Governors Yellen's four-year term as Fed chair ends on February 3, but she could have chosen to remain on the seven-member Fed board. Yellen said in her resignation letter it was "a great privilege and honor" to serve in the Fed system for three decades and expressed faith in Jerome Powell's commitment to the Fed's mission. [Full Article...]

DOJ sues AT&T bid to buy Time Warner (including CNN)

DOJ sues AT&T bid to buy Time Warner (including CNN) Earlier this month, reports circulated that the government had demanded AT&T sell Turner Broadcasting, operator of the CNN news network, or DirectTV as a condition of approval, though the government pushed back at those reports. AT&T's stock slid on the news but still traded 0.4% higher on Monday afternoon, while Time Warner shares slipped 1.1% for the day. Now, CNBC has reported that the DO... [Full Article...]

Nebraska regulators approve Keystone XL pipeline route

Nebraska regulators approve Keystone XL pipeline route In a written decision, the panel said it was in the public's interest to put the new pipeline nearer to the current one to maximize monitoring resources, to impact less of the habitat of endangered species, and other route benefits. Still, the decision is a clear victory for TransCanada Corp., the company behind the project. Rejected by President Obama in 2015, the pipeline was approved by the Tru... [Full Article...]

Marvell Technology to buy smaller rival Cavium

Marvell Technology to buy smaller rival Cavium Marvell plans to use $1.75 billion in debt financing to fund the transaction. Cavium produces network, security, server, and switching processors and systems. Murphy will lead the combined company, and Syed Ali, Cavium co-founder and CEO, will be a strategic advisor as well as a member of Marvell's board of directors. [Full Article...]

Alibaba Makes $2.9 Billion Investment in Sun Art

Alibaba Makes $2.9 Billion Investment in Sun Art Alibaba shares are now poised to open a little higher Monday, following news it will take a stake in China's largest grocer, Sun Art. Ruentex, the shareholder that sold their stake to Alibaba retains 4.67%, while the French retailer Auchan Retail with 36.18% is the biggest investor. [Full Article...]

White House wants Alabama to help pass tax overhaul package: adviser

White House wants Alabama to help pass tax overhaul package: adviser On Monday morning, "Fox and Friends" co-host Brian Kilmeade came as close to holding a Republican accountable as he ever has when he pressed White House spox/Cruella deVil cosplayer Kellyanne Conway on whether her indictments of Moore's opponent in the Alabama Senate race, Democrat Doug Jones, meant she was directing voters to support the former judge. [Full Article...]

Metro Detroit gas prices see almost 10 cent fall this week

Metro Detroit gas prices see almost 10 cent fall this week According to GasBuddy, prices in metro Detroit have fallen 9.6 cents per gallon in the past week, with the average now at $2.65 per gallon. AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state. Nationally, gas prices fell 2.6 cents per gallon over the last week. Most of them, 2.3 million, will take a road trip. "This year has been unique at the pumps, said Patrick DeHa... [Full Article...]

Full of beans: Coffee grounds to help power London's buses

Full of beans: Coffee grounds to help power London's buses So far, 6,000 litres of coffee oil has been produced, which, if used as a pure-blend for the bio component and mixed with mineral diesel to form a B20, could help power the equivalent of one London bus for one year. The grounds are dried and processed before coffee oil is extracted. bio-bean works with its fuel partner Argent Energy to process this oil into a blended B20 biofuel. [Full Article...]

Charlotte Douglas International Airport prepares for busy travel week

Charlotte Douglas International Airport prepares for busy travel week That's despite a higher national average for gas prices over previous year; this November's national average is $2.54, about 37 cents more than last November. It is the sixth consecutive year air travel has grown during the holiday, and now accounts now for 7.8 percent of all travel, its highest share since 2010, AAA said. [Full Article...]

Germany bans children's smartwatches over privacy concerns

Germany bans children's smartwatches over privacy concerns A large number of providers in Germany sell smartwatches designed for children between the ages of 5-12 years old. Germany's telecoms regulator has described the smartwatches as spying devices. The microphones in each smartwatch carry the potential to be turned into clandestine listening devices or to let unknown people contact the children without their parents' knowledge. [Full Article...]

Embattled Toshiba aims to boost capital with ¥600 billion share issue

Embattled Toshiba aims to boost capital with ¥600 billion share issue Toshiba struck a deal for the memory unit with a group of companies from Japan, the USA and South Korea at the end of September, but the reviews by competition watchdogs in a number of countries may not progress quickly enough to complete the sale until after March 31. [Full Article...]

World's longest aircraft the 'Flying Bum' seriously damaged after it crashes AGAIN

World's longest aircraft the 'Flying Bum' seriously damaged after it crashes AGAIN The 302ft prototype, made by Hybrid Air Vehicles is half airship, half aeroplane and is the largest aircraft in the world - bigger than an Airbus A380. Both the injuries were minor. Nearby roads were closed off as police officers investigate the crash - and there are fears there could be a leak of fuel or helium. [Full Article...]


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