Author: Richard Atkins

Richard Atkins is a senior contributor at Tech Insider covering online media, online travel, and video games. Richard has been with Tech Insider covering companies in these industries since 2011 and has authored numerous industry reports, including "Internet Video: Field of Dreams or Nightmare on Elm Street," "The Next Leg of Online Travel," and "Pwned: How Casual Games Changed The Gaming Landscape." Atkins was recognized as the No. 2 stock picker and earnings estimator in the 2011 Financial Times / StarMine Internet & Catalog Retail category and was ranked in the 2010 Wall Street Journal "Best On The Street" for the Leisure Goods & Services category.
Finance, Internet, Software

Stock Update: A Report on Google (NASDAQ GOOG) Self Driving Cars

Google Inc’s (NASDAQ GOOG) self-driving car may drive itself, but the conditions in which it can operate effectively are very limited. These observations come from an article in the MIT Technology Review. In some ways, the self-driving car is not self-driving at all. The research shows how easy it is for hype to get ahead of reality when new, widely watched products are launched. Included … Continue reading Stock Update: A Report on Google (NASDAQ GOOG) Self Driving Cars

Richard Atkins
AAPL NASDAQ AAPL Apple
Finance, Mobile

Apple AAPL Stock News: A Look at iWatch

It’s believed that Apple Inc (NASDAQ AAPL) will unveil the iWatch on Sept. 9 along with the iPhone 6. However, there have been rumors that the wearable device won’t be available until early next year. Some would think that this would be bad because Apple is getting in months after competitors’ latest models and more than a year after their first models. But on the … Continue reading Apple AAPL Stock News: A Look at iWatch

Richard Atkins1 Comment
Finance, Software

Active Stock MSFT: Microsoft (NASDAQ MSFT) Updates Xbox

Microsoft Corporation (NASDAQ MSFT) announced that it would be implementing some of the features requested by Xbox One players to improve their gaming experiences. A new feature involves the mobile purchase feature which allows Xbox One players to purchase games and add-on content using the Xbox SmartGlass or through Xbox.com. According to the company, it will roll out the next Xbox One System update to … Continue reading Active Stock MSFT: Microsoft (NASDAQ MSFT) Updates Xbox

Richard Atkins
Biotech Finance News
BioTech, Finance

Biotech Stocks Back Up High : Analysis

Biotech is back. This spring, biotech stocks collapsed. The Nasdaq Biotechnology Index tumbled 22% in about six weeks, inflicting huge losses on hedge funds and other investors, including holders of a popular exchange-traded fund known for its ticker “IBB,” the iShares Nasdaq Biotechnology ETF , which has about $5.5 billion in assets. So far in August, the Nasdaq Biotechnology Index is up 10%. That puts … Continue reading Biotech Stocks Back Up High : Analysis

Richard Atkins
BioTech, Finance

Biotech News: Regado Slumps Low Due to Poor Test Results

Regado Biosciences, Inc (RGDO) announced that it is permanently terminating the enrollment process for its phase III REGULATE-PCI study on Revolixys Kit. Regado’s shares tumbled over 60% on the news. Regado was dealt a severe blow with the Data and Safety Monitoring Board for a late-stage study recommending the permanent termination of patient enrolment. The phase III study was a part of the company’s lead … Continue reading Biotech News: Regado Slumps Low Due to Poor Test Results

Richard Atkins
Finance, Software

Bitcoin News: UAE Gets First Bitcoin Exchange

Multinational bitcoin exchange igot will today launch the first bitcoin exchange in the United Arab Emirates (UAE), to capitalize on the unique opportunity posed by the market.

The Australia-based company’s founder Rick Day told the new exchange will operate with a Commercial Brokerage License, approved by the local government. It has also secured local banking partners for direct deposits and withdrawals in UAE dirhams (AED).

Igot has hired a small team for business development and customer support for its Dubai office. Day added that igot will continue to offer the same flat 1% trading fee to all its customers worldwide, with no additional fees for deposits or withdrawals in either bitcoin or fiat currencies.

News on Bitcoins

The exchange is aimed more at consumers than professional traders, with a simple buy-sell interface. However, it recently implemented a feature called ‘Future Trade’ which functions like limit orders on a more advanced exchange, giving customers the option to set their price and wait for bitcoin’s value to rise or fall to that level before executing the trade.

As well as bank access, igot is also working with local payment processors to give users more options in the coming months. As well as having a concentration of high net-worth individuals among its citizens, about 60% of the UAE’s workforce consists of expat Indian workers, both professional and manual, who often send their money back home.

In fact, foreign citizens make up a staggering 91% of the UAE’s population of 9.2 million, with 1 million Indians representing the country’s largest overall group. Day said that, given that India is currently igot’s largest market outside Australia, its presence in the UAE puts the company in a very interesting position. “Our strategy to expand igot is based on a pairing system. India is one of our best performing markets. In terms of trade volumes, I think we’re the biggest local exchange there. Indians sent $70bn home in 2012.”

Bitcoin News Video

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Richard Atkins