IT, Innovation and Startups
In IT, Innovation and Startups
Lightning network and PayPal drove the market upbeat
UK PayPal customers will be able to buy, sell and manage cryptocurrencies through the payment service starting this week. This was possible in the United States since October,…
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BMW secures £91.7 million from the government
BMW’s battery project is one of four green technology projects in the automotive sector that are rewarded by the British state with a grant of £ 91.7 million.…
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Tencent can’t impress the markets no matter how it tries
Tencent made more profit than expected in the second quarter, but sales were disappointing due to declining growth in the games division. This was demonstrated on Wednesday by…
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Kenes Rakishev established a SPAC to acquire tech startups
The newly created Oxus Acquisition Corp is a next step for Kenes Rakishev to acquire companies specialized in the red-hot area of energy transition, batteries and EV’s. Kenes…
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Branson sells Galactic shares to save the rest of his business
British billionaire Richard Branson sells a package of shares of his aerospace company Virgin Galactic. With the money he collects, he wants to keep his business empire, which…
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Alibaba investigates a possible sexual harassment case
Chinese web store giant Alibaba has suspended a number of employees following allegations by a female employee against her supervisor. He allegedly assaulted her in her hotel room…
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Xiaomi suddenly becomes the number one selling smartphone brand
According to research firm Counterpoint, Xiaomi has for the first time secured the leading position in the global smartphone market. The company would have delivered more phones worldwide…
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