LatteCoin? Starbucks chairman Howard Schultz denies planning a cryptocurrency launch but says there’s “potential” in blockchain January 27, 2018 There is already a whoppercoin for Russian Burger King, a KodakCoin for image rights, and even a cryptocurrency based on Theresa May. But could caffeine fiends soon be using blockchain to pay for their Venti non-fat latte with caramel drizzle at Starbucks? Not just yet, according to the company’s president and former CEO Howard Schultz. [...]
How ‘blockchain’ compares with ‘dotcom’ in the company name game January 24, 2018 One of the first things you learn as a value investor is to dig below the surface of any potential investment – analysing a business’s balance sheet and other data to ensure you really understand its underlying value, its financial strength and how it works. In short, a relentless focus on the numbers means we [...]
Startup Iris Automation raises $8m to help drones and air taxis avoid collision January 19, 2018 A US-based startup has closed an $8m (£5.8m) Series A funding round to propel the development of its collision avoidance system for commercial drones and “air taxis”. Iris Automation uses artificial intelligence, along with computer vision and “sensor fusion” to create a situational awareness platform for drones and air taxis to “enable their widespread use [...]
Forget the fearmongering and embrace the internet of things January 19, 2018 Has your smart refrigerator been infected by a strain of zombie malware? Or maybe spies have been listening to you via your networked alarm? For some reason, the idea of connected devices – a vital part of the internet of things (IoT) – has sent the imaginations of some organisations into overdrive. Last February, Germany’s [...]
Bitcoin is rising again after yesterday’s crash below $10,000 January 18, 2018 Bitcoin is finally regaining some ground after a two-day collapse which sliced tens of billions off of its market value. The number one cryptocurrency was up 12.94 per cent at $11,652.80 today, according to Coinmarketcap, after slumping to below $10,000 yesterday, around half the value of its all-time high. Other major cryptocurrencies were also in [...]
Bitcoin price (BTC) tumbles below $12,000 while ethereum (ETH) and Ripple (XRP) also sink January 16, 2018 Bitcoin tumbled back towards $11,000 today, falling as much as 20 per cent to a four-week low, as the notoriously volatile digital currency shed nearly $1,000 in just an hour. At the time of writing, the price of bitcoin was down 14.14 per cent at $11,911.5 a coin according to Coinmarketcap. Rival cryptocurrency ethereum also [...]
Forget bitcoin and dogecoin, there’s joke cryptocurrency based on Theresa May, Donald Trump, Vladimir Putin and Emmanuel Macron January 16, 2018 Bitcoin might be on a downward turn (for now at least), but Theresa May coin is on the up. Yes, the Prime Minister has been minted into the cryptocurrency world in another example of the craze. Who wouldn’t approve of going to all that effort just for a pun about being strong and stable? Read [...]
The future of bitcoin: How the cryptocurrency is touted to trade going forward January 16, 2018 Not a day goes by when we don’t hear about the frolickings of bitcoin. The digital currency has certainly divided opinion. Punters are forever reminding us of the mammoth gains bitcoin made last year. And in the same breath, comparisons are continually being drawn between trading these cryptocurrencies and gambling. As bitcoin reached an [...]
Tech predictions for 2018: Drones, crypto, and the rise of the robots January 15, 2018 The pace of technological change can seem exciting and daunting in equal measure. 2017, while seeing continued financial growth in the tech sector, brought even more sharply into focus the challenges inherent with the inexorable march of progress. From Amazon to Uber, tech giants saw their practices and business models scrutinised more deeply than ever [...]
Warren Buffett thinks bitcoin will “come to a bad ending” as Berkshire Hathaway boss wades in on cryptocurrency craze January 10, 2018 The so-called Oracle of Omaha has become the latest high-profile investor to weigh in on bitcoin – as he gave an indication of his succession plans by promoting two potential heirs. Warren Buffett, the cherry Coke-swilling boss of investor Berkshire Hathaway, said “with almost certainty” that cryptocurrencies “will come to a bad ending”. During an [...]