What many thought to be a joke is turning out to be anything but. While analysts are concerned about Tesla’s ability to pull off what is slated to be the largest buyout in in history, many backers, including mutual fund Fidelity believe in Musk’s ability and vision of the future. Following Tesla Inc’s CEO Elon…
This development essentially cements blockchain’s future in the coming years. Its adoption will slash costs, boost transparency and will revolutionize the finance industry from what we know it today. In what is likely to be a milestone for blockchain technology, Commonwealth Bank of Australia has won a mandate from the World Bank to organize a…
As per a study conducted by the United Nations, adopting blockchain technology could potentially boost the turnover of importers and exporters by 44% while slashing their cost by up to 31%. On Monday, in a significant development, HSBC Holdings Plc disclosed it has successfully completed the world’s first trade finance transaction using blockchain technology. The…
Later today, GE and Microsoft are set to announce a deepening of their partnership revolving around GE’s industrial internet platform and Microsoft’s Azure cloud platform. As a result, GE will be in a better position to tap the vast majority of industries who use Microsoft’s software. A senior executive from GE has disclosed that…
Trump’s EPA nominee Scott Pruitt, has made it clear that the Obama-era standards will remain. Not wanting to meet stringent fuel efficiency standards set in the U.S., car manufacturing companies in the country have shot off a letter to President Donald Trump in the hope that he loosens things up. Car manufacturers in the U.S.,…
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