Facebook recruiting partners for cryptographic payments, Project Libra: WSJ

[ad_1] Facebook CEO Mark Zuckerberg Marlene Awaad | Bloomberg | Getty Images Facebook has been discussing with dozens of financial companies and ecommerce companies to support a cryptocurrency payment plan being developed, according to a report released Thursday by The Wall Street Journal. According to the report, the social corporation spoke to various companies, including … Read more

Sinclair would have bought Disney's sports networks

[ad_1] Signage is in front of the Sinclair Broadcast Group Inc. head office in Cockeysville, Maryland, USA on Friday, August 10, 2018. Andrew Harrer | Bloomberg | Getty Images Sinclair Broadcast Group, the largest owner of US radio, has signed a deal worth more than $ 10 billion for the purchase of 21 Walt Disney … Read more

Microsoft Launches Blockchain Manager Application

[ad_1] Microsoft announced its fully managed Azure Blockchain service in a press release issued May 2. The new blockchain-as-a-service (BaaS) platform will allow users to create blockchain applications on a preconfigured network. According to Frank Shaw, Corporate Communications Manager at Microsoft, this service "simplifies the training, management, and governance of the consortium's blockchain networks." Shaw … Read more

Project Libra: Facebook will launch a payment network based on stablecoin

[ad_1] According to an article in the Wall Street Journal, Facebook's long-time newspaper will be at the center of a new payment network. The Libra project, as the blockchain initiative is called internally, would apparently involve a stable currency backed by the government's currency. A source close to the situation confirmed the aspects of the … Read more

Tesla thinks goals will be met, but questions remain

[ad_1] BUFFALO, NY – By Dan Telvock In November, when Tesla invited the media to the Buffalo solar plant for the first time, the company announced that 800 employees were working there. Tesla officials said the total number of employees was equally: 400 people were working at Tesla and 400 for his partner, Panasonic, which … Read more

Payment system based on a cryptocurrency on Facebook

[ad_1] Facebook Inc. is recruiting dozens of financial companies and online merchants to help launch a cryptocurrency-based payment system at the back of its gigantic social network. The effort, if successful, would threaten to disrupt the traditional and lucrative plumbing of electronic commerce and would probably be the most widespread application of cryptocurrency to date. … Read more

Venezuela's oil production could drop to zero

[ad_1] Oil markets are facing the threat to global oil reserves from Iran and Venezuela, with rising inventories in the United States easing worries about market tension. The failed coup attempt in Venezuela triggered a series of criticisms, with US officials accusing Venezuelan army members of not being cold-footed, although independent analysts questioned whether the … Read more

Sinclair will acquire Disney's sports networks

[ad_1] Channel giant Sinclair Broadcast Group Inc. has signed a deal worth more than $ 10 billion to acquire 21 regional sports networks from Walt Disney Co., according to people close to the case. The agreement should be announced as early as Friday, the population announced. For Sinclair, who is already the biggest owner of … Read more