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Monthly Archives: December 2017

Trader makes million-dollar bet that bitcoin will triple next year

Pierre Teyssot | AFP | Getty Images A Bitcoin crypto-currency shop in Rovereto, Italy. Someone just bet that bitcoin will top $50,000 next year. Online records from New York-based digital currency-trading platform LedgerX showed 275 call options expiring Dec. 28, 2018, were bought in Wednesday’s trading session at a volume-weighted …

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Win ‘world’s most expensive dinner’ for $2 thanks to cryptocurrency

World of Diamonds Group | Swissôtel The Stamford Dinner guests will be hosted at their choice of five-star hotels: Swissôtel The Stamford (above) or Fairmont Singapore, for a three-night stay in a presidential suite. Take for example, Maecenas, a company looking to create “the first open blockchain platform that democratizes …

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‘Long Island Iced Tea’ micro-cap adds blockchain to name and stock soars

In a move that caused double takes on Wall Street trading floors and prompted comments on Twitter about how this must be the top of bitcoin mania, a little known micro-cap stock called Long Island Iced Tea Corp said Thursday it’s now “Long Blockchain Corp,” and its stock leaped more …

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Apple is Morgan Stanley’s top tech pick for 2018

Fred Dufour | AFP | Getty Images A Chinese woman reacts while setting up the facial recognition feature on her iPhone X inside an Apple showroom in Beijing on November 3, 2017. Apple’s iPhone X is not only pushing existing customers in China to adopt the new luxury phone, but …

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Disney backs Fox’s request for more data protection in AT&T’s antitrust trial

Getty Images Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Walt Disney joined Twenty-First Century Fox on Wednesday in asking the judge …

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Several injured when car hits pedestrians in Australia’s Melbourne: Officials

MAL FAIRCLOUGH/AFP/Getty Images Police and emergency personnel work at the scene of where a car ran over pedestrians in Flinders Street in Melbourne on December 21, 2017. The car ploughed into a crowd in Australia’s second-largest city on December 21, injuring at least a dozen people, some of them seriously, …

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Uber’s China rival Didi Chuxing raises funds

Qilai Shen | Bloomberg | Getty Images The payment confirmation page is displayed on the Didi Chuxing application in this arranged photograph taken in Shanghai, China, on Sunday, May 22, 2016. China’s ride-hailing giant Didi Chuxing has raised over $4 billion in its latest round of funding, the company said …

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East China Sea could be riskier than South China Sea

JAPAN POOL/AFP/Getty Images A Japanese Maritime Self-Defense Force flying over the disputed islets known as the Senkaku islands in Japan and Diaoyu islands in China, in the East China Sea. “Despite the lower profile, the dispute in the East China Sea may carry greater risk of drawing the United States …

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Ramaphosa advocates South Africa seizing land without compensation

Zhai Jianlan | Xinhua | Getty Images Cyril Ramaphosa speaks during an event commemorating the third anniversary of former South African president Nelson Mandela’s death in Johannesburg, South Africa, on Dec. 5, 2016. “This conference has resolved that the expropriation of land without compensation should be among the mechanisms available …

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Tax plan will create share buybacks not higher wages: Chuck Schumer

Getty Images Senate Democratic Leader Sen. Chuck Schumer (D-NY) speaks at a press confernce on urging the GOP To Slow Down Republican Tax Bill In Senate on December 13, 2017 in Washington, DC. After the tax plan received passage on Capitol Hill, AT&T and Comcast announced they would give $1,000 …

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