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…
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,…
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…
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…
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,…
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…
