Top Stories

  • Fujifilm sues Xerox for well over $1 billion after aborted merger

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    NEW YORK  – Fujifilm Holdings Corp (4901.T) sued Xerox Corp (XRX.N) on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint filed with the U.S. District Court in Manhattan, Fujifilm accused […]

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  • Trump wades into German migration row

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    US President Donald Trump has attacked the German government’s approach to immigration, as he comes under pressure over his own crackdown on migrants. Mr Trump said German Chancellor Angela Merkel’s coalition looked “tenuous”. Mrs Merkel is in the middle of a serious domestic row after defending her government’s immigration policy. Meanwhile, Mr Trump has adopted […]

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  • Is Bitcoin Going to Crash the Internet? These Experts Think So.

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    Bitcoin mining, the process of creating new units of the cryptocurrency, is notoriously a huge energy-suck. One estimate puts its carbon footprint on par with the electricity consumption of more than 159 countries combined. But the inefficiency of minting new units of the blockchain-based digital currency is only one complaint that skeptics of its utility have flagged. In […]

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  • Not Sold On Blockchains for Business? Just You Wait

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    We were promised a global financial and industrial revolution. We got a mango tracker. Three years since enterprises started exploring the possibilities in blockchain, it’s perfectly understandable to be disappointed with what we’ve got so far. But believe it or not, the seemingly banal applications for blockchain we’re seeing, from food traceability to software licenses, […]

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  • Metropolitan Bank Is Handling Millions for Crypto Clients (And It Wants More)

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    To most banks in the U.S., cryptocurrency businesses are pariahs. To Metropolitan Commercial Bank, they’re “pioneers.” At least, that’s how the New York financial institution’s chief technology officer, Nick Rosenberg, describes them. “We’re certainly very interested in growing this vertical,” Rosenberg told CoinDesk of the bank’s crypto clientele. “We’ve learned that it’s a serious industry. […]

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  • An Illustrated Glossary of Cryptocurrency Slang (Infographic)

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    Since the rise of Bitcoin over the past few years, cryptocurrencies have been all the hype. And if you’re interested in hopping on-board the crypto-train, it’s important to know what you’re talking about. Just like the pool of investors and the market itself have grown considerably over the years, so has the culture, along with new slang and memes popping up […]

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  • International fund managers turn to financials, tech as trade worries rise

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    NEW YORK – The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can emerge as winners. Fund managers from firms including AllianceBernstein, Causeway Capital Management and Janus Henderson are adding to positions in companies ranging from Italy’s largest bank to China’s largest e-commerce company, […]

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  • Blockchain Technology Can Revolutionize Global Healthcare Systems

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    Healthcare in developing parts of the world has remained below standard over a long period of time. The reasons for this can be related to system weaknesses in terms of leadership, governance, workforce, technology, finance among others. Traditional implementations in attempt to achieve lasting solutions to these problems have left the people going round in […]

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  • ‘Selling Crypto Now Is Like Selling Apple in 2001’: eToro CEO

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    Ever since the arrival of Bitcoin, many people have predicted that “soon” all of the cryptocurrencies will crash. The trends in cryptocurrencies have been compared to global events such as tulipmania, the 1929 stock market crash and the dotcom bubble. However, even after the recent fall in crypto prices, the industry continues to attract new investors. This […]

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  • Taliban rule out extension of Afghanistan Eid festival ceasefire

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    The Afghan Taliban have rejected calls to extend a three-day ceasefire declared for the Muslim Eid festival. A spokesman said the truce would end on Sunday night and operations against the security forces would resume. Government officials urged the militants not to return to fighting, as dozens of unarmed Taliban exchanged Eid greetings with soldiers […]

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