services

Ant Financial Valued at $150 Billion After Raising $14 Billion to Accelerate Globalization

Ant Financial Valued at $150 Billion After Raising $14 Billion to Accelerate Globalization

The operator of Alipay, China’s biggest online payment platform, Ant Financial Services Group, owned by Alibaba Group Holding Ltd (NYSE: BABA), said that they have raised about $14 billion from domestic and international investors in Series C ..

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Technologies SA (NYSE: SPOT) forecast a strong fiscal year growth as its initial public offering launching approaches. The music streaming service will go public next week April 3 and will list itself on the New York Stock Exchange under the..

Financial Advisers Warn Investors Against Investing in Speculative Assets

Financial Advisers Warn Investors Against Investing in Speculative Assets

SuperInvestor Seth Klarman once said that investments are assets that buy goods and services. In other words, they produce cash flow. This undercuts several commodities that consumers usually consider as investments. This includes gold and handbags...

Bitcoin Prices Fall After Google Announces to Ban All Crypto Ads

Bitcoin Prices Fall After Google Announces to Ban All Crypto Ads

Alphabet Inc. (NASDAQ: GOOGL) Google announced on Wednesday that it plans to ban all unregulated or speculative financial products such as binary options, cryptocurrency, foreign exchange markets and contracts for difference (CFDs) beginning in..

Microsoft Sees Gains in Q2 Earnings Thanks to Focus on Cloud Services.

Microsoft Sees Gains in Q2 Earnings Thanks to Focus on Cloud Services.

Microsoft Corporation (NASDAQ: MSFT) has released its results from its second quarter yesterday January 31st, 2018. The tech giant has reported a 12% increase in Revenue up from $25.8 Billion to $28.9 billion, a 10% increase in Operating Income up f..

Xerox to Merge with Fuji Xerox in Joint Venture

Xerox to Merge with Fuji Xerox in Joint Venture

On Wednesday, FUJIFILM Holdings Corporation and Xerox Corporation (NYSE: XRX) announced that Xerox will merge with Fuji Xerox in joint venture.Fuji Xerox joint venture was a joint venture partnership between the two companies. Established in 1962, t..

Facebook Launches “Order Food” Feature

Facebook Launches “Order Food” Feature

On Friday, Facebook, Inc. (NASDAQ: FB) announced a new feature that would allow users to order food from local restaurants right through the app. The company has been partnering with a couple of businesses such as Delivery.com, EatStreet, Slice, Doo..