Bitfinex versus state of New York
Cryptocurrency exchange Bitfinex said it needs more time to turn over documents on mutual transactions with Tether to the New York State Attorney General's Office (NYAG)....
Subscriber growth
Netflix posted fourth-quarter results above analysts estimates and reported positive cash flow for the year. The company said it does not need to borrow and can afford share buybacks, while continuing to actively invest in growth o...
Delay in supply
The US company has notified Italy of a 29% temporary reduction in the supply of the drug, with the authorities believing it would have a negative impact on the vaccination campaign. Pfizer explained that the delays were due to a prod...
Facebook's image
Facebook got another scandal when it tried to impose new data privacy rules on WhatsApp chat room users. Although Facebook's target was only data about WhatsApp users communications with commercial firms, no...
Deliveries to China
Six days after Tesla announced the official launch of Model Y sales made in China, all pre-orders for first-quarter deliveries have been booked. In addition to China, the Model Y from the Shanghai plant will ship to Europe and Au...
Результаты торгов на европейских рынках
Фондовые рынки Западной Европы завершили вчерашние торги преимущественно на положительной территории.
The Stoxx Europe 600 composite index of the region's largest companies rose 0.2 per cent to 408.68 points....
Shares of financial companies
Major US banks JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC) reported their fourth quarter 2020 results. Shares in all three banks declined on Friday amid a general market decline following a pessimistic gov...
Grab and the U.S. IPO
One of the Southeast Asia region's most promising startups, Singapore-based Grab, is exploring the possibility of a US listing, encouraged by investor interest in an IPO, Reuters reports.
Malaysia-based Grab (also kn...
Slowdown in migration
The rise in international migration rates against the backdrop of the COVID-19 pandemic has slowed down. In 2020, the number of people living outside the countries in which they were born reached 2...
Unlocking the president's account
Facebook founder Zuckerberg had earlier said that Trump's pages would be blocked until his term as president expires. "The blocking is necessary for a ...
Event ban
On 20 January, events planned outside the White House and Capitol buildings cannot be organised on the social networking site. The company could also temporarily ban Americans from broadcasting and creating groups.
Facebook has imposed ad...
Company earnings
Net income of Wells Fargo Co (NYSE:WFC). the market leader in mortgage lending and the second-largest U.S. bank by capitalization, rose 4% to $2.99 billion, or 64 cents per share, in the fourth quarter of 2020, up from $2.87 billion...
Affirm quotes
US-based Affirm Holdings, which provides installment loans to online buyers, priced its initial public offering above the market range to raise $1.2bn, Bloomberg writes. The offering was led by Morgan Stanley, Goldman Sachs and Allen C...
The company's growth and new CEO
The Intel board hopes that new CEO Pat Gelsinger (VMWare CEO, formerly Intel's CTO) can successfully continue the company's transformation in the current crisis period.
Intel (INTC) announced on Wednesday that it is...
The first federal cryptocurrency bank in the U.S.
The Office of the Comptroller of the Currency (OCC) within the US Treasury has approved cryptocurrency custodian Anchorage's application for a nationwide 'digital asset bank'...
New chips from Intel
Intel held its CES 2021 conference on Monday, where it unveiled four new processor lines for PCs and mobile devices. Intel it would ramp up production of its advanced server processors in the first quarter and&nbs...
New processor from AMD
AMD has unveiled next-generation Ryzen mobile processors with enhanced performance for gamers and professional tasks, which will start shipping in the first quarter of 2021. AMD expects 50% growth in notebook and PC processor ...
Popular messenger in America
Since the storming of the Capitol by Trump supporters and the subsequent blocking of the US president's accounts, Telegram has become the second most downloaded in the US. However, WhatsApp'...
Oil production growth
ExxonMobil can reduce its huge debt and boost revenues and profits by ramping up production of cheap oil offshore Stabroek Block in the Guyana-Suriname basin. The production price of Brent crude from one of the fields: $35 a ba...
Stock indices retreated
US stock indexes declined moderately on Monday, retreating from record highs reached late last week. Investors are weighing the risks associated with the continued rise in COVID-19 infection...
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