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June 6, 2021
From the Richmond Fed-- this post authored by Jonathan Chiu, Tim Sablik and Russell Wong
June 1, 2021
Alibaba — an e-commerce platform in China similar to Amazon — has created its own payment system (Alipay) to provide currency-like services: facilitating transactions, supporting peer-to-peer transfers and paying interest.
April 26, 2021
Photo courtesy of Ryan Browne A handful of local breweries are selling pints for a couple good causes. Working Draft Brewing Co., Young Blood Beer Co., Vintage Brewing Co., Karben4 Brewing and Great Dane Pub & Brewing Co. have all partnered with initiatives dedicated to autism awareness, brain cancer research, suicide prevention and mental health education. A portion of the proceeds from each brewery’s beer will be donated to nonprofits. Things We Don’t Say: Craft Beer for Mental Health Pho...
April 21, 2021
- Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a capital increase. With this injection of capital, Alibaba now holds an 86.5% stake in the company. - UK fintech and pensions provider PensionBee arrived on the London Stock Exchange this morning with its shares priced at 165p, giving it a valuation of £365 million on admission. - French startup BlaBlaCar has raised a new $115 million funding round. While the company i...
April 16, 2021
Dogecoin started out as a joke. Now it’s a top-10 digital currency worth $34 billion. The cryptocurrency is based on the “Doge” meme, which rose to popularity in late 2013. The meme portrays a Shiba Inu dog alongside nonsensical phrases in multicolored, Comic Sans-font text. Created in 2013 by software engineers Billy Markus and Jackson Palmer, dogecoin was intended to be used as a faster but “fun” alternative to bitcoin. It has since found a growing community online. And now, defying...
April 11, 2021
COVID-19 propelled golf to new heights in 2020. Can the sport avoid a crash this year? Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Justin Tang/The Canadian Press If you’d asked Chelsey McDowall 12 months ago what she thought of golf, it’s unlikely she would have minced words. “When I wa...
February 16, 2021
It's still not in the Apple or Google app stores.
February 16, 2021
Tuesday, February 16, 2021 In recent days, several major companies have moved toward implementing cryptocurrency transactions in their business. Tesla stated in its recent Annual Report that it had “invested an aggregate $1.50 billion in bitcoin” and expected to “begin accepting bitcoin as a form of payment for [its] products in the near future.” [i] Mastercard announced that it would “start supporting select cryptocurrencies directly on [its] network” in 2021. [ii] ...
January 25, 2021
Aston Villa Women have appointed Marcus Bignot as Interim Manager, with Gemma Davies and her coaching team remain in position.
January 22, 2021
With its simple shape and apparent fiberglass fuselage, the new UAV probably is unsophisticated. Heres What You Need To Remember: Iran around a decade ago began arming some of its drone types with missiles and bombs. Iran Aviation Industries Organization in 2014 revealed a Mohajer variant that Iranian media claimed could shoot down other aircraft. Iran has revealed a new attack drone. The Kian jet-powered unmanned aerial vehicle appears to be around 10 feet in length. With its simple shape and...