Bitcoin News: A Look At Isle of Man Bitcoin Conference, As It Draws to A Close

The big news from Crypto Valley Summit’s closing day was that the Isle of Man is currently considering whether to allow residents the ability to pay their government bills, including income and other taxes, with bitcoin. The announcement was made during the event’s closing speech by Chris Corlett, chief executive of the government’s Department of Economic Development, which is in charge of setting policy on … Continue reading Bitcoin News: A Look At Isle of Man Bitcoin Conference, As It Draws to A Close

Stock in News Today: Microsoft (NASDAQ MSFT) Lays Off More Than 2000 Employees

Microsoft Corporation (NASDAQ MSFT) did a second round of layoffs on Thursday, cutting 2,100 jobs worldwide. About 747 of these jobs were from the Seattle area. Last July, the company laid of 13,000 employees and an additional 2,900 jobs will be cut within a year. The previous job cuts were due to the Nokia wave, with the deal between Nokia and Microsoft not reaching the … Continue reading Stock in News Today: Microsoft (NASDAQ MSFT) Lays Off More Than 2000 Employees

Stock in News: Apple (NASDAQ AAPL) Looking to Transform the Music Industry With U2

Apple (NASDAQ AAPL) may be onto something new and exciting as it looks to team up with the Legendary Band U2 in a bid to transform the music industry. Apple has been in a lot of positive news recently. After successfully launching iPhone6 and iWatch along with Apple Pay, Apple may have its eyes set upon the Music Industry next. Apple is looking to launch … Continue reading Stock in News: Apple (NASDAQ AAPL) Looking to Transform the Music Industry With U2

Active Stock Update: Google (NASDAQ GOOG) Accused by News Corp for Distorting News

Google Inc (NASDAQ GOOG) is fighting a new combatant in its European antitrust case while Peter Theil called the European anti-trust measures a significant challenge to the firm. Google, for its part, humorously pointed to a famous incident of News Corp distorting the news. News Corp says Google distorts search results on news stories, Google references “hamster sandwich” news story for comic relief. The Rubert … Continue reading Active Stock Update: Google (NASDAQ GOOG) Accused by News Corp for Distorting News

Stock in Focus: Facebook (NASDAQ FB) Gets Surpassed By Alibaba, On Alibaba’s first Day

Alibaba Group Holding Ltd (NYSE BABA) was off and running at the New York Stock Exchange, and investors wasted no time in diving in. Shares opened up at just under $93 a share, granting the Chinese online retailer a market value of $228.5 billion. On its very first trade on the New York Stock Exchange, Alibaba Group surpassed Facebook (NASDAQ FB) in market cap. Alibaba … Continue reading Stock in Focus: Facebook (NASDAQ FB) Gets Surpassed By Alibaba, On Alibaba’s first Day

Biotech Stock Update: Avanir Pharmaceuticals Shoots Up Due to Positive Results

Shares of Avanir Pharmaceuticals (AVNR) gained a massive 85.31% to close the trading session on Sep 15 at $12.49. The jump came on the back of encouraging data from a phase II study (n=220) on Avanir‘s AVP-923, which evaluated the safety, tolerability and efficacy of the candidate for treating agitation associated with Alzheimer’s disease. Data revealed that agitation was significantly reduced in patients treated with … Continue reading Biotech Stock Update: Avanir Pharmaceuticals Shoots Up Due to Positive Results