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Brazilian Banks To Implement A New Blockchain Identity Solution

Brazilian banks are all set to implement a new uniform blockchain identity solution driven by the Hyperledger Fabric-platform. This identity solution is co-developed by the nation’s central bank named CIP and IBM. The new platform is supposedly to be incorporated into the Brazilian Payment System, an arrangement used by all financial institutions and banks in […]

Baidu Launches Photo Platform Based On Blockchain Technology Called Totem

China’s internet search behemoth has announced the launch of its new blockchain-based platform called Totem which is designed to manage digital image property rights The company which is considered China’s version of Google has launched the new image platform as part of its mission to fight copyright infringement in the country. The service was launched […]

Groupon Inc (NASDAQ:GRPN) Jumps 13% On Hedge Fund Takes Stake – GRPN, FB, YHOO, BIDU, GOOG

Shares of Groupon Inc (NASDAQ:GRPN) surged over 13 percent, to $3.53 per share on Tuesday, following a New York-based hedge fund declared that it had purchased a 9.9 percent stake in the online daily deals firm. Late Monday, Tiger Global reported in a regulatory filing that it has purchased 65 million shares of Groupon’s stock […]

Qihoo 360 (NYSE:QIHU)’s CEO Expects New Product Boost Results – QIHU, YOKU, NFLX, BIDU, SINA

Shares of Qihoo 360 Technology Co Ltd (NYSE:QIHU) surged on Wednesday as it recently announced third-quarter profit soared 18 percent as the Chinese Internet firm declared an increasing user base and a jump in revenue. The firm’s American depositary shares increased 3.8 percent to $24.60 in after-hours trading. Through the close, the equity was increase […]

Facebook (NASDAQ:FB)’s Investor Interpublic (NYSE:IPG) Sells All Remaining Stake – FB, YHOO, GRPN, ZNGA, BIDU

On Tuesday, Interpublic Group of Companies, Inc. (NYSE:IPG) decaled that the investment it made in the social network in 2006 is no longer strategic in nature. It sold its residual investment in Facebook Inc. (NASDAQ:FB) for net cash proceeds of $95M,. CEO of Interpublic, Michael I. Roth articulated that the firm’s investment had increased significantly […]

Groupon (NASDAQ:GRPN) Declares Israeli Website Hack after Gaza Attack – GRPN, FB, YHOO, ZNGA, BIDU

Shares of Groupon Inc (NASDAQ:GRPN) surged more than 4% on Monday after it declared that its Israeli Web site, groupon.il, was compromised by a political hackers group who hacked the site to declare messages threatening Israeli crowds against any ground attack against Gaza. A Groupon spokeswoman, Julie Mossler reported in a statement that the hackers […]

Baidu.com (NASDAQ:BIDU), Qualcomm (NASDAQ:QCOM) Partnership for Cloud services – BIDU, FB, YHOO, GRPN, ZNGA

China’s biggest search engine Baidu.com, Inc. (NASDAQ:BIDU) reported on Monday the firm would offer 30GB of free blur storage to Android strategy built with certain Qualcomm chips, in what’s the newest move by the firm to carve out a attendance in the country’s mobile services sector. Baidu’s limited-time proposal applies in China to two of […]

Federal Judge May Approve Google (NASDAQ:GOOG)’s $22.5M FTC Deal – GOOG, BIDU, TRIP, LNKD, AOL

A federal judge articulated that she might allow Google Inc. (NASDAQ:GOOG)’s $22.5M deal with the U.S. Federal Trade Commission over asserts the firm inappropriately planted cookies on Apple (NASDAQ:AAPL) Inc.’s Safari Internet browser. Advocacy group Consumer Watchdog be in opposition to the agreement, quoting it allows Google off too simply and suggests that a separate […]

Zynga Inc (NASDAQ:ZNGA) Announces Modification In Executive Team – ZNGA, YHOO, BIDU, GOOG, AOL

The world’s leading provider of social game services, Zynga Inc (NASDAQ:ZNGA), reported on Tuesday a number of changes to the firm’s executive team. Amid these changes, Mark Vranesh, chief accounting officer, has been hired as a chief financial officer. Mr. Vranesh succeeded David Wehner, who is quiting the firm today to pursue a senior finance […]

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