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In a lawsuit against the telecom giant AT&T, investors claim that the company made fake accounts for DirecTV Now streaming service to manipulate subscriber numbers. When did the manipulation take place? According to the investors, the company falsely boosted its subscriber count right before it merged with Time Warner Inc. last year. It asked employees…
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We are only seven days away from the long-awaited launch of custody and physically delivered Bitcoin futures contracts by Intercontinental Exchange’s Bakkt subsidiary. After receiving the green light from the New York State Department of Financial Services, Bakkt will debut its Bitcoin futures and warehouse on September 23. Before getting approvals for Bitcoin futures launch,…
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Taxi-hailing firms Uber, Lyft and their drivers have been caught in the middle of division between democrats over a ride-share bill passed by the California Senate. The bill seeks to address some of the grievances raised by the gig industry workers. The California bill AB5 passed in Sacramento late Tuesday night will see the conversion…
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Are you looking for an extra source of income? Chances are completing online surveys tops your list of highly flexible and easily accessible means in which you can make money online. And if you have taken interest in Surveys, chances are you have come across Global Test Market being fronted as one of the most…
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Hong Kong stocks have spiked after news emerged that under-fire leader Carrie Lam is set to formally withdraw the Exrradiction Bill to China. The Bill had led to months of unrest with the weekend witnessing the most brutal encounters between riot police and protesters. From the markets, property developers spearheaded the stock surge. Early Wednesday…
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Kakao, a conglomerate based in South Korea, is looking into listing its cryptocurrency asset on a Chinese exchange due to possible governmental issues preventing them from doing so in their home country. According to CoinDesk, no matter the situation, their operation is too big to just ignore and must do what they can to commit…
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Chinese artificial intelligence firm Megvii, backed by Alibaba (BABA), recently filed for an IPO with the Hong Kong exchange. The filing comes in the middle of Hong Kong-China conflicts and the US-China trade war. Why is Megvii so important? The artificial intelligence firm is backed by Chinese e-commerce behemoth Alibaba as well as several state-owned…
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On May 14th, when the US Supreme Court announced the legalization of inter-state sports betting sports, Catena Media’s share price hit a record level of 148.5 SEK. Such was clamour around the news that 4 days later Catena Media’s then interim CEO Henrik Persson Ekdahl published a report on how Catena Media was perfectly primed…
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If you’ve got a slightly higher appetite for risk and thus – you’re looking to make an investment with a higher rate of return, then you might want to consider property bonds. This allows you to purchase bonds that are backed either by the underlying property itself, or the land that developers plan to build…
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A blockchain startup focusing on customer relationship management (CRM) based in San Francisco, Cere Network, just brought in $3.5 million in a funding round, reports CoinTelegraph. Investors included but aren’t limited to Binance Labs – a subsidiary of the Binance cryptocurrency exchange – Neo Global Capital, Fenbushi Capital, Kenetic Capital, Alphabit Fund, Monday Capital, and…
