Bitcoin price (BTC) breaks through $16,000, having risen more than $2,000 in nine hours December 7, 2017 Bitcoin flew past the $16,000 mark this afternoon just a day after it passed $12,000 for the first time. The cryptocurrency, which has staged a stunning rise from the beginning of the year when its price was below $1,000, was up 18.16 per cent at $16,198.70 at the time of writing, according to Coindesk’s aggregate [...]
Tech giants, Chinese buyers and activist investors are the new drivers of mergers and acquisitions (M&A), business heads claim December 7, 2017 Protectionism, new technology giants, shareholder activism and interest from China will be the big factors influencing deals in 2018, business heads have claimed. Senior executives and advisers surveyed from Europe, Asia and the US have said that political intervention in cross-border mergers and acquisitions (M&A) is on the rise globally, often against a background of [...]
Bitcoin bubble will crash after price hits $60k in 2018 – Saxo Bank’s outrageous prediction for year ahead December 7, 2017 With talk of bitcoin being a bubble, but an astonishing rise in price that appears to show no signs of abating, could the cryptocurrency be set for even more eye-watering increases? Saxo Bank certainly thinks so in its annual list of “outrageous” predictions for 2018, eyeing it hitting $60,000 – before it crashes, that is. [...]
Bitcoin bubble: 82 per cent of UK institutional investors say bitcoin is going to pop December 7, 2017 A new report has revealed a huge majority of UK institutional investors think bitcoin represents an unsustainable bubble. Bitcoin has soared to unbelievable heights this year. In the past week alone, it rose more than $5,000 to reach an all-time high of more than $15,000. As its value skyrockets, so do analyst murmurings of tulips [...]
Champions League last 16: Who could Liverpool, Manchester United, Chelsea, Tottenham and Manchester City face in the next round? December 7, 2017 For the first time in history, there will be five teams from a single country in the last 16 of the Champions League after Premier League sides reversed years of underwhelming results by collectively booking their place in the knock-out rounds. Liverpool, Manchester United, Manchester City and Tottenham all progressed as winners of their group, [...]
London Stansted’s owner has just launched a startup to improve its tech credentials using Amazon and Asos for inspiration December 7, 2017 London Stansted’s owner has today announced plans to improve customer experience and fight off competition from a rising wave of travel startups – by launching what will effectively serve as its own startup. Manchester Airports Group (MAG) has launched its own technology and e-commerce arm, which it said will enable the airport group to respond [...]
Google DeepMind’s “superhuman” artificial intelligence won top-level chess within four hours of learning game December 7, 2017 DeepMind’s artificial intelligence programme has beaten a top-level chess computer programme after learning the game in just four hours without human help. The Google owned tech company’s machine learning algorithm, which last year won a landmark game of Go against a human player in what has been described as a “superhuman performance”, was applied to [...]
Wikipedia co-founder Larry Sanger joins Everipedia to put encyclopedias on the blockchain December 7, 2017 One of the people who created Wikipedia, the digital encyclopedia and go-to source of knowledge online, has joined a startup that wants to create a similar source of knowledge using blockchain technology. Larry Sanger, who founded Wikipedia with Jimmy Wales and is credited with coming up with its name, has joined US startup Everipedia. Read [...]
Poundland share price crash: Discounter’s owner Steinhoff share price drops another 28 per cent December 7, 2017 Shares in Steinhoff, the owner of Poundland, have dropped another 32 per cent this morning, following yesterday’s crash. The South Africa-listed stock plummeted by 66 per cent on Wednesday after the chief executive quit amid reports of an accounting probe. Steinhoff shares have fallen off a cliff (Source: Investing.com) Marcus Jooste stood down after Steinhoff [...]
Boris Johnson to say terror is not sparked by western intervention as defence secretary Gavin Williamson insists no British Islamic State fighters can return December 7, 2017 Boris Johnson will today argue that British foreign policy is “not the problem, it is part of the solution” when it comes to jihadi terrorism, heading off EU criticism that the country is turning away from the global fight against terror. The foreign secretary will lay the blame on the growth of Islamist terrorism on [...]