What’s old is always new again, and what’s new is often so very old. That’s not just the pseudo-intellectual basis of some booze-fueled, impromptu seminar held in a dorm room on Tuesday night because the internet went down. It’s an anchoring principle of modern economics, retail, marketing and culture. For the latest proof, just look […]
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AMC Theatres announced on Wednesday (Sept. 26) that its AMC Stubs A-List, which launched three months ago, has seen membership sign-ups from August and September outpace the company’s expectations, with more than 380,000 moviegoers now part of the subscription service. In a press release, the company said the member count has increased by 120,000 during the […]
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Amazon’s Echo smart speakers were facing connectivity issues in the U.K. and elsewhere in Europe earlier on Wednesday (Sept. 26), but are now up and running again. Reuters, citing outage tracker Downdetector.com, reported the website had logged hundreds of reports about problems with the Echo speakers that power Alexa, Amazon’s voice-activated digital assistant. The report noted […]
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JPMorgan Chase is reportedly in discussions with Lyft about being the lead banker on its pending initial public offering (IPO). CNBC, citing people familiar with the matter, reported that JPMorgan is seen as in the lead to be the underwriter after Goldman Sachs and Morgan Stanley opted not to go after the Lyft IPO, as […]
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Porsche has announced it will invest $176 million over the next five years in new technologies, including blockchain and AI startups. German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to […]
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Circle announced on Wednesday (Sept. 26) that, along with the CENTRE open source consortium, it has launched a service to tokenize U.S. dollars and use them on public blockchain on the internet. In a company blog post, Circle said individuals and institutions can enroll in the service to deposit U.S. dollars from bank accounts, convert […]
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For Google, a bit of backtracking. In the wake of controversy over its Chrome browser that dominated headlines this week, the search giant has said it will change some of the ways the web browser operates. Concerns had been raised this week over how the company tracks users via Chrome. As had been reported via The […]
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A case of complacency on compliance? As noted in a report that debuted on Tuesday (Sept. 25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. The headline numbers: 52.5 percent of the organizations surveyed were in […]
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Margin trading involves borrowing money to perform trades of a higher value – and taking a position on whether the value of a cryptocurrency will fall or rise. Is margin trading available on all crypto exchanges? Most of them – but not all. As we mentioned earlier, the likes of OKEx and Kraken have rolled […]
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Ukraine’s state bank is considering releasing a state-owned digital currency based on blockchain to increase the rate of non-cash payments. The National Bank of Ukraine (NBU) is considering launching a state-owned digital currency based on blockchain, local news outlet Vesti Ukraine reported Tuesday, September 25. NBU says that the blockchain-based hryvnia, or e-hryvnia, has to […]
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