It is the 25th of June 2017

News

Ethereum Surges To All Time High As SEC Considers Ether-based ETF

Yesterday holders of bitcoin got an unexpected, if pleasant surprise courtesy of the SEC which announced that two months after deciding against a bitcoin ETF, it would review its decision, suggesting that after several failed attempts, Bitcoin may surge even more soon should the long-awaited Bitcoin-based ETF be ultimately approved. Whether or not it is a good thing for the cryptocurrency in the long-run to get such approval, which would expose bitcoin to the vagaries of volatile retail money flows and even greater volatility, is yet to be determined, but the price of bitcoin liked it, and earlier today it rose to near record highs, rising above $1,300 just shy of all time highs.

Read More

U.S. Steel Crashes After Slashing Guidance By More Than 50%

One day after Trump slammed Canada with a lumber tariff, somehow managing to send lumber future prices limit down on the CME, he is faced with another, far more credible crisis: the terrible guidance just released by US Steel in particular, and the fate of the US Steel industry - and China's adverse impact - in general.

Read More

China's First Home Made Aircraft Carrier Is Ready For Launch

China's first domestically built aircraft carrier will soon launch in Dalian, Liaoning Province for drills and trial voyages, putting to the test proprietary technology meant to further Beijing's expansion in the South and East China seas, the SCMP reported. A dock at the Dalian shipyard was being filled with water Sunday in preparation for the launch. The Chinese-made vessel is expected to enter service around 2020, joining China's first and only aircraft carrier, a refurbished Ukrainian vessel known as the Liaoning.

Read More

China's First Home Made Aircraft Carrier Is Ready For Launch

China's first domestically built aircraft carrier will soon launch in Dalian, Liaoning Province for drills and trial voyages, putting to the test proprietary technology meant to further Beijing's expansion in the South and East China seas, the SCMP reported. A dock at the Dalian shipyard was being filled with water Sunday in preparation for the launch. The Chinese-made vessel is expected to enter service around 2020, joining China's first and only aircraft carrier, a refurbished Ukrainian vessel known as the Liaoning.

Read More

Uber Secretly Tracked Users, Spied On Lyft Prompting Tim Cook To Threaten Apple Store Expulsion

Almost two months after it was revealed by the NYT that Uber had used a deceptive tool called "greyball" to deceive and circumvent official authorities, CEO Travis Kalanick may be in trouble again following a new expose by the NYT's Mike Isaac (who may ot may not have a grudge against Kalanick) writes that in 2015 Uber was "on the verge brink of implosion" after Apple had learned that Uber was spying on its users.

Read More

Featured Apps

Free Money