Bitcoin pulled back from a record high on Monday and other cryptocurrencies slipped, as investors took profits from a record-breaking rally that had pushed bitcoin close to $50 000.
Author: Agency Staff
The road to eliminating Covid-19 is long and paved with uncertainty.
Google last month said it would likely pull its core search function from Australia if the government pushes ahead with a plan to require it to pay media companies an indeterminate fee for news snippets.
Bitcoin jumped to a record high after Mastercard and Bank of New York Mellon moved to make it easier for customers to use cryptocurrencies.
Funding for African start-ups slowed for the first time after nearly a decade of growth as investors in the fledgling tech scene were put off by the Covid-19 pandemic, according to venture capital firm Partech Partners.
When faced with such a strong influx from investors, even sell-side analysts have thrown in the towel, upgrading their price targets to chase after the stock surge.
Semiconductor firms are seeking extra time to appeal last-minute Trump administration moves to block sales to China’s Huawei, hoping the Biden administration will reverse course.
Microsoft approached Pinterest in recent months about a potential deal to acquire the US$51-billion social media company, the Financial Times reported, citing people briefed on the matter.
Mastercard is planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support.
Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric car maker’s backing of bitcoin could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year.