News > Capital Markets, FinTech

Mark Zuckerberg: 'We Don't Deserve to Serve You' if Facebook Can't Protect User Data
Since news broke over the weekend that data had been stolen from roughly 50 million Facebook users by voter-profiling company Cambridge Analytica - co-founded by former Trump adviser Steve Bannon - the social networking giant and its CEO Mark Zuckerberg have been embroiled in an unprecedented crisis that will likely not go away anytime soon. However, despite a pubic uproar
The Challenges Oculus and Google Lawyers Expect For AR, VR Projects
Legal teams at the world’s top tech companies are bracing for a new era — one that aligns the real world with an increasingly expansive virtual one. Facebook Inc (NASDAQ: FB)’s Oculus and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)’s Daydream already market virtual reality devices and augmented reality toolkits, and the pace of innovation is accelerating. For the most part,
Google Cracks Down on Cryptocurrency, Forex Trading Ads
Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Google said it plans on no longer allowing ads on its platform related to cryptocurrency and trading advice. What Happened Google said in a blog post it will be updating its Financial services policy to restrict multiple forms of advertising, including initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, cryptocurrency trading advice, and binary options strategy trading advice and synonymous products. Google's
4 Semiconductor Stocks Grossly 'Underowned', According to Bank Of America
Despite a huge multi-year runs from semiconductor stocks, a new report from Bank of America revealed that a handful of popular semiconductor stocks are still dramatically under-owned among active fund managers. The latest findings are based on Bank of America’s Equity Strategy data. Bank of America analyst Vivek Arya said active managers have dialed back their relative weighing in the
Afraid of the Robot Apocalypse? At Least For Now, Robots Can Make You Some Money
Watch this video. Then watch this video. Cap it off with this Elon Musk Tweet and it’s not too hard to imagine how all of that might eventually become this, is it? No matter what form our inevitably automated future takes, the thing about robots and artificial intelligence is that they’re both already here. AI not only determines what you see when you open Facebook Inc (NASDAQ: FB) and
Report: SEC Has Launched a Probe into Cryptocurrency Firms
The Securities and Exchange Commission has issued "dozens" of subpoenas and requests for information to both technology companies and advisers in the cryptocurrency space, the Wall Street Journal reports. Per the Journal: The wave of subpoenas includes demands for information about the structure for sales and pre-sales of the ICOs, which aren’t bound by the same rigorous rules that govern
Blockchain Technology is About to Disrupt Travel, But Wall Street is Oblivious
The travel and tourism industry is a global economic driver that promotes trade, interconnectedness, a deeper understanding of our differences, and the flow of ideas for a better world. In 2016, the travel industry contributed about $7.6 trillion to the global GDP. The World Travel & Tourism Council (WTTC) submits that the travel industry employs about 292 million people. More
How Long Will the Cryptocurrency GPU Boom Last?
Two of the hottest investments on Wall Street in recent months have been semiconductor stocks and cryptocurrencies, and the link is no coincidence. Cryptocurrency mining requires a massive amount of computing power, which companies such as Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (NASDAQ: NVDA) have been happy to supply at a steep price. Crypto Hardware The majority
Someone Defrauded Steve Wozniak of Seven Bitcoin Tokens
Let this be a cautionary tale: Although one of the selling points of Bitcoin is that its use of blockchain technology offers investors a good deal of structural security for their crypto assets (investment security is another matter), none other than Apple co-founder Steve Wozniak is here to tell you that Bitcoin doesn't fully protect you from fraud. Speaking at
How Artificial Intelligence Has Made its Way From Wall Street's Top Hedge Funds to Retail Investors
The use of Artificial Intelligence as an investing tool was once reserved for the top of the Wall Street food chain. Only the largest commercial traders, financial institutions, hedge funds, and others with the necessary resources could implement an AI-based trading strategy into their portfolios. But as Bob Dylan said, 'the times they are a-changin'. Today you'd be hard-pressed to