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Crypto Created as a Joke Breaks $2 Billion Market Cap

Crypto Created as a Joke Breaks $2 Billion Market Cap

Dogecoin, a cryptocurrency created as a joke after an internet meme, surpassed a market cap of over $2 billion on Sunday. The parody cryptocurrency has shown impressive movement since the end of November.In late November, prices were for Dogecoin we..

Chinese Geely Buys Stake in Sweidsh Volvo

Chinese Geely Buys Stake in Sweidsh Volvo

On Wednesday, China’s privately-owned automotive group, Geely Holding, has announced plans to acquire an 8.2% share capital holding and 15.6% voting rights in the leading Swedish manufacturer of truck engines, AB Volvo. Chairman Li Shufu of Ge..

The Cryptocurrency Market Plunge More Than 25%

The Cryptocurrency Market Plunge More Than 25%

According to data from Coinmarketcap, the cryptocurrency market capitalization tumbled nearly over 123 billion on Friday as most of the plunged more than 30 percent.According to Coindesk, Bitcoin, the largest cryptocurrency by market capitalization,..

Local Startup Investment Not Profitable as Stocks

Local Startup Investment Not Profitable as Stocks

Investments made by New Mexico in small companies located in the state are not showing the desired results. Startup companies funded by New Mexico's State Investment Council are not giving back the same returns as stock index funds managed by Wa..

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Recent fintech innovations have caused a rise in trademark numbers registered by various financial companies in the UK. In 2016, the sector had reported registering a little over 4,000 trademarks. There is increasing competition among established fi..

Citi Beats on Third-Quarter Financial Results

Citi Beats on Third-Quarter Financial Results

On Thursday, Citigroup Inc (NYSE: C) announced its financial results for the third quarter of 2017. Both earnings and revenue beat previous estimates.According to the company, revenue increased 2% from $17.8 billion for the same period last year to ..

Toshiba Memory Chip Biz Being Bought by Apple-Dell

Toshiba Memory Chip Biz Being Bought by Apple-Dell

Toshiba's hardships have not been hidden from the international market as the conglomerate has struggled to keep its head above the water in recent times. However, it now seems that two U.S. companies are teaming up to throw Toshiba a lifeline t..