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

Morning Alert: Relypsa (NASDAQ:RLYP), American Airlines Group Inc. (NASDAQ:AAL), Isis Pharmaceuticals (NASDAQ:ISIS), Penford Corporation (NASDAQ:PENX), Nabors Industries Ltd. (NYSE:NBR)

Relypsa, Inc. (NASDAQ:RLYP) SVP Lance Berman sold 20,000 shares of the company’s stock on the open market in a transaction dated Monday, August 25th. The stock was sold at an average price of $25.89, for a total transaction of $517,800.00. Following the completion of the transaction, the senior vice president now directly owns 7,500 shares in the company, valued at approximately $194,175. Relypsa, Inc. (NASDAQ:RLYP) … Continue reading Morning Alert: Relypsa (NASDAQ:RLYP), American Airlines Group Inc. (NASDAQ:AAL), Isis Pharmaceuticals (NASDAQ:ISIS), Penford Corporation (NASDAQ:PENX), Nabors Industries Ltd. (NYSE:NBR)

Richard Atkins
Finance, Software

Bitcoin Breaking News: Singapore Now has a Bitcoin & Litecoin Exchange

Singapore’s latest exchange, CRXzone, has become the first platform to offer both litecoin and bitcoin trading in the country. Like others in the Asian region, the exchange aims to attract an international customer base by offering additional bitcoin services beyond trading.

One of CRXzone’s key strategies to attract a wide customer base is its range of account funding and withdrawal options. As well as the usual bank transfers, the exchange offers international payment processor options like OKPAY, Egopay, and PerfectMoney.

CRXzone CEO Pawan Kumar tends to refer to other payment networks as ‘digital currencies’ too, blurring the line somewhat between cryptocurrencies and widely-used international payment networks. This is probably due to his 25-year experience in the IT industry, experience with online businesses and involvement in digital payment networks “since the time of E-gold”.

News on Bitcoins

While all offer speed and cost advantages over traditional currencies, Kumar said that bitcoin’s decentralized nature made it an attractive option. “I personally feel […] bitcoin will slowly takeover all other digital currencies and remain a useful tool for digital payments which are growing day by day.”

One of CRXzone’s selling points is its litecoin trading option, despite the popular altcoin’s image taking a battering following its recent price slump to $5 and lower. “We still believe that litecoin will survive the current downward trend. It is well known and widely used crypto after the bitcoin [sic]. Leverage trading seems to be a reason for the current price slump, as per my personal judgement.”

Bitcoin News Video

Watch this video for more “News on Bitcoin”.

Continue reading “Bitcoin Breaking News: Singapore Now has a Bitcoin & Litecoin Exchange”

Richard Atkins
Biotech Stock
BioTech, Finance

Great Biotech Stocks Weekly Roundup

The biotech sector had a strong run last week thanks mostly to Roche’s agreement to acquire InterMune (ITMN) for a hefty $8.3 billion. The announcement of this deal resulted in a spike in the share price of quite a few mid-cap biotech companies that are considered to be lucrative acquisition targets. The week’s most important news was the $8.3 billion agreement announced by Roche for … Continue reading Great Biotech Stocks Weekly Roundup

Richard Atkins
Finance, Software

Microsoft Stock Slams Apple Yet Again (NASDAQ MSFT AAPL)

Microsoft Corporation (NASDAQ MSFT) is still taking digs at rival Apple in new ads for Surface Pro 3, but instead of slamming their rival’s best-selling iPad tablet, the tech giant knocked MacBook Air instead. In the ads, Microsoft claimed Surface is just as powerful as MacBook Air. It also boasts the tablet’s ability to be a laptop and a tablet computer, complete with a detachable … Continue reading Microsoft Stock Slams Apple Yet Again (NASDAQ MSFT AAPL)

Richard Atkins
Finance, Mobile

Stock Tip : China Launches Local OS Against Google (NASDAQ GOOG)

China is reportedly working on a homegrown operating system supported by the local government as a strategy to replace OSs from Google Inc (NASDAQ GOOG) and Microsoft Corp (NASDAQ MSFT) that are widely used across the country. Chinese news agency Xinhua reported of a possible introduction of an operating system backed by the local government to push out popular foreign operating systems. Ni Guangnan,a member … Continue reading Stock Tip : China Launches Local OS Against Google (NASDAQ GOOG)

Richard Atkins
Finance, Mobile

Apple AAPL Stock Update: iCloud Hack Impact on Financial News

Apple Inc. (NASDAQ AAPL) announced that it is probing into the iCloud hacking incident and the susceptibility of the app after reports of iCloud being used to break into the accounts of celebrities and release nude photos publicly. Firsthand comments from the media show that an individual account on iCloud triggered the hack. Through iCloud, Apple users can store photos, music and other data online. … Continue reading Apple AAPL Stock Update: iCloud Hack Impact on Financial News

Richard Atkins