Till the end of 2018, QME is waiving all trading fees on its platform. In a statement, the Hongkong Exchange (HKEX) Group disclosed, Qianhai Mercantile Exchange (QME), a Shenzhen-based commodity trading platform controlled by it has begun operations since Friday. As part of its drive to attract business, QME which so far is only trading…
Apple users who had not enabled the two-factor authentication have fallen victim to phishing scams. Apple has stated, the incident has led to a rise in “false and fraudulent refund claims trying to take advantage of this incident.” Earlier thhis month, following an internal investigation Apple stated, it had uncovered a “small number of our…
After Icahn’s latest purchases, he has become the second biggest shareholder of Dell’s tracking stocks. In a strategic development, activist investor Carl Icahn has reportedly increased his stake to 8.3%, up from 1.2%, in Dell tracking stock as he looks to block a proposed plan to take Dell public again. In July, Dell Technologies had…
According to a report in the BBC, an investigation by consumer group Which? has found that people are being offered free goods in exchange of positive product reviews by a section of online sellers. The representative of the organization conducting the investigation joined a number of “rewards for reviews” groups and was promised free items…
Apple is making major efforts to become the top music streaming service provider, a seat currently occupied by Spotify. According to American news agency Axios which has cited a source, Apple Inc has acquired music analytics start-up Asaii for less than $100 million. The acquisition will help Apple strengthen its bid to recommend content to…
The cryptocurrency market got a hard bolt as more than $6 billion of investors were wiped off in a single day. The rout was led by XRP and ethereum even as the market continued to fall. According to data from Coinmarketcap.com, as of about 11:32 a.m. HK/SIN time on Friday, there was a drop of…
Apple is set to augment its team of computer chip engineers by 300 through a deal it struck with one of its key chip suppliers. The deal with Dialog Semiconductor is worth $300m and it also encompasses some patents and facilities of the Reading-based company. Dialog has been a supplier of chips to Apple for…
A recent survey conducted on more than 1,000 Americans on the issue of cryptocurrencies has shown that bitcoins are majorly owned by large city based young men who are relatively well-off. The survey also found knowledge of bitcoin and cryptocurrencies exist among most people and are also able to explain their meaning to others. But…
Top global auto manufacturers are having a tough time with falling sales in the largest auto market of the world – China, which has in recent years become a pillar of growth and revenues of top international auto brands. The fast economic growth in China has financially empowered millions of Chinese to purchase cars which…
The German carmaker is preparing to transition from producing combustion engine powered vehicles to battery powered electric vehicles. Automotive giant Daimler AG stated, it will commence the building of a battery plant as part of its planned $1 billion investment to upgrade its factory in Tuscaloosa, Alabama. The development comes in the wake of this…
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