Business

While Bitcoin has fallen by 30 percent, Ethereum, the world’s second-largest cryptocurrency, has fallen by 40 percent. Cryptocurrency has landed in difficult waters. All popular digital currencies are witnessing a steep decline in red with major technical levels. The most popular cryptocurrency in the world, Bitcoin dropped by 30 percent ...

Bank of America Corp agreed to pay $ 75 million to settle a lawsuit accusing the second-largest US bank of extorting overdraft fees it did not earn from customers with savings and checking accounts, court papers showed. The initial settlement of the proposed class action was filed with the federal ...

Fisker Inc, an electric car maker in U.S. has signed a deal with Foxconn to its vehicle assemblies in U.S. plant from 2023, companies said on Thursday. Fisker’s chief executive Henrik Fisker said the four locations are considered to set the plant which includes Foxconn’s plant located in Wisconsin. Foxconn ...

Chief Executive Elon Musk announced on Wednesday, Tesla will no longer accept bitcoins to purchase the car, citing long-standing environmental concerns for a rapid reversal of the company’s position on cryptocurrency. Less than two months after Tesla accepted the world’s largest digital currency for payment, bitcoin fell more than 10% ...

After around 4 months, the Xiaomi Group’s lawsuit against the US government reached a settlement. The US Department of Defense will remove China’s Xiaomi Corp from a government blacklist, a court-filed, overturned by the Biden administration of one of Donald Trump’s last jobs in Beijing before exiting the office. The ...

On Wednesday, SoftBank Group Corp reported a 4.03 trillion yen ($ 37 billion) vision fund unit profit in the fourth quarter by Coupang, making it among the world’s top-earning firms after a year of unprecedented losses. The group’s net profit for the year ended March was 4.99 trillion yen ($ ...

The cryptocurrency market continues to go back and forth. Dogecoin breaks after an appearance by Elon Musk on US TV. The price movements of digital currencies remain irregular. While the second-largest crypto value Ether is once again marking a record high, Bitcoin, the largest digital currency in the market, is ...

Pfizer has donated $ 70 million to India for medicines; Pfizer CEO Albert Borla gave this information on Monday. The second wave of coronavirus in India has taken a macular form. For the past several days, more than 350,000 new cases are being received in the country every day. The ...

The president of the United States, Joe Biden, has celebrated his hundredth day in office with a visit to the state of Georgia, where he has offered a rally in which he has exposed his achievements and government plans and has highlighted that since the beginning of his Administration “The ...

Alphabet said its advertising and promotional expenses have decreased by $ 1.4 billion in 2020, as spending cuts, paused or rescheduled campaigns, and digital-only event formats. Work from home has proved to be a boon for many employees. This cut down travel time, saving money, allowing one to devote more ...