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The hidden costs of Bitcoin mining

Since 2009, Bitcoin mining has grown into a massive operation involving data centres packed with computer processors and racking up massive electric bills...

1 day, 10 hours ago

Google-owner Alphabet sees second quarter revenue and earnings beat market expectations, easing concerns about short-term growth

The company’s net income for the second quarter rose to $9.95 billion, or $14.21 per share, from $3.2 billion, or $4.54 per share a year earlier...

4 weeks ago

Facebook unveils new Libra cryptocurrency

The social media giant unveiled the digital currency in a whitepaper on Tuesday, with an official public launch planned for next year...

on 18/6/19

Apple to replace iTunes with apps as it faces possible antitrust investigation

Tech stocks were hit by reports of potential antitrust probes into Apple, Facebook, Google and Amazon ...

on 4/6/19

Global Blockchain Mining to conduct C$50 million private-equity security-token offering for Spend Group token

The Spend product is built around a multi-currency digital wallet with support for 27 fiat currencies and more than 16 cryptocurrencies...

on 21/5/19

US$800mln wiped from Alphabet’s market value as first-quarter results disappoint

Growth is slowing at the internet search giant, and investors are concerned that the weaker-than-expected results could be down to falling demand from advertisers or heightened competition from Amazon...

on 30/4/19

S&P/ASX 200 down 0.6% mid-morning, busy end-of-month news day

S&P 500 Index finished up 0.11% and the Nasdaq Composite finished up 0.19% last night....

on 30/4/19

WANdisco loses its groove as losses widen

The IT firm reported a pre-tax loss for the year of US$19.4mln, wider than the US$14mln loss the year before, while revenue fell to US$17mln from US$19.6mln...

on 24/4/19
Retail & consumer

Video game firms set to level up as Apple and Google change the rules with streaming services

Last month, the two heavyweights unveiled Apple Arcade and Google Stadia, video game streaming systems that could potentially change the market forever...

on 9/4/19

Samsung and Apple face tough battle in tackling stagnant smartphone market

Samsung said first-quarter profit would likely miss market expectations due to declines in chip prices and slowing demand for display panels...

on 26/3/19

Uber picks NYSE for its US$120bn IPO next month – media reports

The ride-hailing app giant is set to list on the New York Stock Exchange in April, according to Bloomberg, which cited people familiar with the matter...

on 22/3/19

Alphabet’s Google fined $1.69bn by European Commission for anti-trust practices in online advertising

EC competition commissioner, Margrethe Vestager said: "Google has cemented its dominance in online search adverts and shielded itself from competitive pressure by imposing anti-competitive contractual restrictions on third-party websites”...

on 20/3/19

Google’s Stadia platform promises to up-end the gaming industry, but what does it mean for investors?

Stadia promises a paradigm shift for the gaming industry, which has already in recent years seen huge incursion by smart phone games like Candy Crush...

on 20/3/19

Medigus Ltd stock rockets after it cuts deal with Linkury to establish e-commerce platform for CBD products

The companies will jointly invest $500,000 in the venture for building infrastructure and marketing ...

on 4/3/19

Google parent Alphabet’s investment splurge makes investors twitchy, overshadows revenue growth

The firm’s capital spending came in at US$7.1bn in the fourth quarter, up from US$4.3bn a year ago and taking the 2018 total to US$25.1bn, almost double 2017's figure of US$13.2bn...

on 5/2/19
Retail & consumer

Google owner Alphabet fined €50M by France’s privacy regulator for breaching EU data protection rules

Google has come under CNIL’s scrutiny many times before but, under the old rules, fines couldn’t exceed the maximum of €150,000...

on 22/1/19

Marin Software shares rocket after entering revenue-sharing deal with Google

Marin CEO Chris Lien says the tie-up will boost Marin's search capabilities...

on 18/12/18

Google should lead a cloud consolidation wave to grow market share, says Baird

The analysts say the Silicon Valley tech giant should tap its ample piggy bag to embark on a more “aggressive shopping spree"...

on 26/11/18

FAANG Report:Amazon's 2HQ decision shows its long game; a buying opportunity in Apple?

Facebook confirms feud with Apple; Netflix picks up Korean drama set in Spain...

on 15/11/18

FAANG Report: Amazon and Google in race for high-tech talent; Facebook becoming a job site

Apple looking to give away its watches through insurance programs, Netflix eyes mobile subscription plans...

on 14/11/18

FAANG Report: Backlash building against Amazon's second HQ; Facebook woos teens

The e-commerce giant surprised many with its decision to split its second headquarters...

on 13/11/18

FAANG Report: Apple top seller in Alibaba's online shopping spree; Amazon discounts start Friday

New scam is making the rounds of Facebook while Amazon lists its device discounts going up this Friday, November 16 ...

on 12/11/18

FAANG Report: Google overhauls sexual harassment policy; Netflix ready for streaming battle with Disney

Facebook making available a feature to unsend messages, but only for 10 minutes...

on 9/11/18

FAANG Report: Google expanding presence in New York; Facebook launching dating service in Canada

Attempt by US Post Office to raise rates it charges retailer Amazon could well end up backfiring against the government...

on 8/11/18

FAANG Report: Amazon releases holiday toy catalog; Apple quashes settlement talk with Qualcomm

Netflix releasing more European language films after hits in Spain and Germany; Google to offer enhanced security emails and Facebook faces demands from five countries for testimony by Mark Zuckerberg...

on 7/11/18