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Monthly Archives: May 2018

Facebook forms a new blockchain group, headed by Coinbase board member

Stephen Lam | Reuters David Marcus, vice president of Messaging Products at Facebook, speaks on stage during the annual Facebook F8 developers conference in San Jose, California, April 18, 2017. David Marcus, Facebook’s head of Messenger, is going to head up a new group focused on the blockchain technology that …

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Boeing may lose $20 billion in aircraft deals

President Donald Trump announced Tuesday he will withdraw the U.S. from a nuclear pact with Iran, a move that threatens Boeing’s multibillion dollar deals to help restock the aging Iranian commercial air fleet. The world’s largest aerospace company has agreements to sell Iranian airlines with planes worth roughly $20 billion, …

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Goldman Sachs bets on oil, cash near term as ‘Goldilocks’ backdrop fades

The central bank kept its benchmark interest rate unchanged last week, but did note that inflation is beginning to creep up. The Federal Open Market Committee said that “overall inflation and inflation for items other than food and energy have moved close to 2 percent,” a target rate considered a …

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Trump undermines North Korea talks with Iran nuclear deal pullout: experts

Jung Yeon-Je | AFP | Getty Images People watch a television news screen showing pictures of US President Donald Trump (C) and North Korean leader Kim Jong-Un (R) at a railway station in Seoul on November 29, 2017. “How does the U.S. administration manage a very complex negotiation with North …

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Google’s Assistant will soon place phone calls to book appointments

Denis Balibouse | Reuters Sundar Pichai, CEO, Google The Google Assistant is getting so “smart” that it’s soon going to be able to place calls for you. On Tuesday, at the Google I/O event, CEO Sundar Pichai demoed one experience where this sort of smart technology will be helpful. If …

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Nancy Pelosi shrugs off Trump impeachment ahead of midterm elections

Getty Images House Minority Leader Nancy Pelosi (D-CA) speaks to the media during her weekly news conference, on Capitol Hill March 23, 2017 in Washington, DC. House Minority Leader Nancy Pelosi has no current interest in pushing for President Donald Trump’s impeachment, calling it a “distraction” from economic issues her …

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Veteran media analyst: Microsoft will buy Netflix

Microsoft will attempt to buy Netflix in an effort to crack into the streaming business, veteran media analyst Porter Bibb predicted on Tuesday. Bibb, a tech and media analyst with more than 40 years experience on Wall Street, did not offer a timeline for when he thought Microsoft could go …

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Blankenship, others run Trump playbook

Tom Williams | CQ Roll Call | Getty Images Sen. Joe Donnelly, D-Ind. Republicans, by contrast, have endured a bitter contest pitting wealthy business executive Mike Braun against two House members, Luke Messer and Todd Rokita. Tuesday’s winner faces a challenge in uniting the GOP base against Donnelly in November. …

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Twitter encrypted messaging feature in the works, according to report

Drew Angerer | Getty Images Jack Dorsey, co-founder and CEO of Twitter Twitter is building a feature into its app that will allow users to send secret messages to one another, according to data spotted by TechCrunch inside the company’s Android application. Here’s why this matters: It shows that Twitter …

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Andy Slavitt adds Trevor Price and David Whelan to Town Hall Ventures

Source: Town Hall Ventures From left to right, David Miskhin (director), Lauren Robb (senior associate), David Whelan (general partner), Andy Slavitt (general partner), Natalie Davis (director) and Trevor Price (general partner) Former Medicare chief Andy Slavitt has added two partners to his new venture capital firm, which aims to find …

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