Three of the biggest US banks reported strong profits on Friday, helping to lift US share markets after several days of steep declines. The Dow Jones Industrial Average and S&P 500 closed up more than 1%, while the Nasdaq leapt nearly 2.3%. The increases followed a rise on global markets. The gains at JP Morgan […]

A Floridian who survived Hurricane Irma said those in the Panhandle are “very shell-shocked and they’re just trying to pick up the pieces.” Florida Keys resident Mike Umberg struggled through two chapters of recovery after Hurricane Irma plowed through the chain of coral islands in September 2017 as a fearsome Category 4 storm. First came the fight […]

Mounting evidence that the Saudis were involved has fueled a growing outcry from foreign governments, U.S. lawmakers and the Trump administration. President Donald Trump said on Saturday that Saudi Arabia could face “severe punishment” if it’s confirmed that missing journalist Jamal Khashoggi was killed inside the Saudi consulate in Istanbul. “We’re going to get to […]

Among their recommendations for Tesla’s CEO? Delegate, get more sleep and learn to embrace short sellers. Elon Musk has had a hell of a year. The list of people the Tesla CEO has sparred with — investors on a company earnings call, investigators looking into a deadly Tesla crash, billionaire Warren Buffett, short sellers, a […]

Facebook Inc (FB.O) said on Friday attackers stole names and contact details of 29 million users in the mass security breach disclosed by the social media network late last month. The breach, Facebook’s worst ever, has exacerbated concerns among users, lawmakers and investors that the company is not doing enough to safeguard data, particularly in […]

In a move that clearly shows the government’s resolve to encourage investments in cryptocurrencies, Switzerland’s financial markets regulator has opened the floodgates for institutional participation in cryptocurrencies. Zug-based Crypto Finance AG subsidiary Crypto Fund AG becomes the first company to get the green light from the Swiss Financial Market Supervisory Authority (FINMA) to offer a wide range of blockchain-based assets […]

Hurricane Michael has all but rubbed a Florida beach town off the map after landing like the “mother of all bombs”. The storm smashed into the state’s north-west coast near the community of Mexico Beach on Wednesday afternoon packing 155mph (250km/h) winds. Over 1.4m homes had no power in Florida, Alabama, Georgia, Virginia and the […]

There’s been a lot of talk about security tokens recently. But what is a security token in the first place? How do they work? And how might they impact your job or business? That is, why should you care about them? Before diving into the rest of these questions, it makes sense to first start with: what […]

This time, the billionaire entrepreneur’s tweet debunked a Financial Times articlefrom Wednesday that reported Twenty-First Century Fox CEO and Tesla board member James Murdoch was the lead candidate to take Musk’s chairman spot. Musk agreed in a September 29th settlement with the U.S. Securities and Exchange Commission to step down as chairman within 45 days. Musk, who didn’t not admit […]

So, your goal is to create a purpose-built digital artifact. But what even is that? Can it be just anything? Well, yes and no. A digital artifact is a human-made object in digital space. We make digital artifacts every time we interact with one another, or even with ourselves, in digital space — in ways that, however they appear […]