Date
25 May 2018

BUSINESS

  • As the art market has grown in scale, it has been confronting the issues of counterfeiting and fraud. Some experts believe blockchain, the framework technology that underpins cryptocurrencies like bitcoin, can bring about a change in...
  • Four months after announcing a cooperation agreement with French supermarket chain Carrefour in China, internet giant Tencent has marked an important milestone in a push related to ‘smart retail’. Combining its technological strengths with the retailing...
  • Criminals are estimated to have stolen about US$1.2 billion in cryptocurrencies since the beginning of 2017, according to the Anti-Phishing Working Group (APWG). The estimates from the non-profit group’s research on cryptocurrency include reported and unreported...
  • The US Justice Department has opened a criminal probe into whether traders are manipulating the price of bitcoin and other digital currencies, Bloomberg reports, citing sources familiar with the matter. The investigation is centered on illegal...
  • Apple Inc was on Thursday awarded almost US$540 million in damages from Samsung Electronics in retrial of a US case related to design patent infringement. After nearly five days of deliberations, a jury in a California...
  • Tesla is suffering a brain drain. Recent departures from the electric-car maker include Matthew Schwall, the director of field performance engineering; Jim Keller, autopilot head; Will McColl, senior director of manufacturing engineering; Jon Wagner, director of...
  • How could a pizza order be worth US$82 million? The answer lies in Bitcoin pizza day, which first happened on May 22, 2010 – when Bitcoin user Laszlo Hanyecz bought two pizzas with the cryptocurrency. Our...
  • About US$1.3 billion has been invested in blockchain companies in the first five months this year, surpassing the amount of venture capital in the field for the whole of 2017, Crunchbase reports. A number of large funding...
  • After their stellar performance last year, emerging market assets have taken a back seat, and most have been in the red since the beginning of April. This is when the risk that had largely been at...
  • Chinese internet giant Tencent Holdings has led a funding round for NewsDog, an India-focused news aggregator app which some observers believe has the potential to grow into a scale comparable to China’s hugely popular Toutiao news...

WORLD

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