Biotech Stock Abbvie can only Rise : here is why
In order to boost its pipeline, AbbVie Inc (ABBV) inked a collaboration agreement with Infinity Pharmaceuticals (INFI) to develop and commercialize the latter’s oncology candidate duvelisib (IPI-145). Infinity Pharma’s shares jumped over 44% following the announcement. AbbVie will be making an upfront payment of $275 million to Infinity Pharma to jointly commercialize duvelisib in the U.S. and will share the potential profits or losses equally. … Continue reading Biotech Stock Abbvie can only Rise : here is why
The amazing Sir Richard Branson Says “Bitcoins are Working”
Sir Richard Branson has revealed further support for bitcoin as a functional, albeit volatile, currency. Asked in an interview with Bloomberg News whether the cryptocurrency will eventually work, the Virgin Group billionaire said that bitcoin is already working.
While Branson admitted that bitcoin remains volatile, he added that this is not necessarily a bad thing. “It is quite volatile, but in volatility people can make money,” he said. “I think it is working. There will be other currencies like it that may be even better, but in the meantime there’s a big industry around bitcoin. You know, people have made fortunes out of bitcoin, some people have lost money out of bitcoin.”
The entrepreneur also reflected on Virgin Galactic’s decision to start accepting bitcoin payments last November: “I am not foolish, if people have got lots of bitcoins and they want to go to space, I would much rather they spend that money on our spaceship […] a Virgin Galactic spaceship than on, you know […] Elon [Musk] will be sending people to space one day on Elon’s spaceships, so we’ll grab the money while it’s there.”
News on Bitcoins
Virgin Galactic has been testing much of its hardware in recent months, but Branson admits building the infrastructure for commercial spaceflights has been hard. He told Bloomberg that Virgin’s rockets are still undergoing flight tests, but the rest of the infrastructure is already ready.
“Early next year we will finally be up and away,” said Branson. Virgin’s goal is to fly tourists to space in suborbital flights, using its SpaceShipTwo craft. In addition to Virgin Galactic’s decision to accept bitcoin payments, Branson has also made his mark in the wider bitcoin industry by investing in BitPay.
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Microsoft To Abandon Nokia (NASDAQ MSFT Stock)
Microsoft Corporation (NASDAQ MSFT) would abandon Nokia name and would no longer use for its mobile products, according to a leaked internal document. While the sale has been indicated by the company previously, the document obtained by tech blog GeeksOnGadgets just confirmed that. As per a leaked internal document, Microsoft plans to drop words ‘Nokia’ and ‘Phone’ soon from the branding. The document notes that … Continue reading Microsoft To Abandon Nokia (NASDAQ MSFT Stock)
(NASDAQ AAPL) What impact for Apple to Release iOS 8 on September 17 ?
While the days will remain the same, in the past a new iOS generally preceded the release of new model phones by a week but this year will see iOS 8 released the day before the two iPhone 6 models that will go on sale next Thursday. Apple showed its new phones on Tuesday and releases new operating systems on Wednesday. That means September 17th … Continue reading (NASDAQ AAPL) What impact for Apple to Release iOS 8 on September 17 ?
A Threat to Facebook $FB Stock : Sharing On FB is Going Down
Facebook Inc (NASDAQ FB) users are shying away from using its public content sharing method and are getting more inclined to the private methods. According to a report, Facebook sharing on mobile dropped 42.6% year over year, whereas sharing through message has increased by 259%. Pinterest sharing increased 131% in that time period. Public sharing features of Facebook are being abandoned by users, who prefer … Continue reading A Threat to Facebook $FB Stock : Sharing On FB is Going Down
Google Updates Hangout with New Features (NASDAQ GOOG)
Google Inc (NASDAQ GOOGL) just updated Hangouts by integrating Google Voice. This means users will be able to send messages, video chat, and call others all from one central app which is available on iOS, Android, and desktop. Google updates Hangouts with Google Voice feature that enables users to make VoIP phone calls. The best thing about this means users can call their friends and … Continue reading Google Updates Hangout with New Features (NASDAQ GOOG)