SoftBank Group to take majority stake in Line’s mobile unit

Thanks;Sam Nussey Published;JANUARY 30, 2018 / 7:05 PM / UPDATED 20 HOURS AGO TOKYO (Reuters) – Line Corp said on Wednesday that it had entered an agreement with SoftBank Group Corp to give the telecoms and technology firm a majority stake in Line’s mobile unit. Line said SoftBank would hold a 51 percent stake in…

American banks continue to phase out free checking accounts

Thanks;Maria LaMagna Published;Jan 23, 2018 12:55 a.m. ET Bank of America has shut down one of its checking accounts, used by some low-income consumers Bank of America has eliminated one of its checking accounts. Bad news for low-income consumers: There’s now one fewer place where you can store your cash for free. Bank of America…

80 Percent of the Total Bitcoin Supply Have Now Been Mined

Thanks; Jamie Redman Published; January,15 This weekend marks a milestone for bitcoin as 80 percent of the currency has now been mined into circulation, this means there’s only 20 percent left to mine. Satoshi Nakamoto’s protocol was one of the first to introduce digital scarcity and soon enough the digital asset will become even harder…

China releases guideline for industrial Internet development

Thanks;Xinhua| Published;2017-11-27 22:57:30| Picture ;Building a Continuous Integration & Deployment Solution for the IoT. Image may be subject to copyright. BEIJING, Nov. 27 (Xinhua) — China’s cabinet has unveiled a guideline for developing the “industrial Internet,” integration of industry and the Internet. By 2025, industrial Internet infrastructure covering all regions and sectors should be basically…

This city has the most ultra-rich residents in the world

Thanks; Fang Block Published: June 27, 2017 7:02 p.m. ET The New York City metro area had 8,350 residents with a net worth of at least $30 million in 2016. The New York metropolitan area remains the top magnet for the world’s ultra rich, attracting 8,350 residents with a net worth of at least $30…

Top 100 City Destinations Ranking: WTM London 2017 Edition

Thanks;Wouter Geerts Published;NOVEMBER 7TH, 2017 Euromonitor International is pleased to release its annual Top City Destinations Ranking, covering 100 of the world’s leading cities in terms of international tourist arrivals. For the first time, the Top 100 City Destinations Ranking 2017 Edition was unveiled at World Travel Market (WTM) London, the leading travel and tourism event…

Nobel Prize goes to behavioral economics pioneer Richard Thaler

Thanks;Barbara Kollmeyer Published: Oct 9, 2017 6:09 am ET Richard Thaler, professor of behavioral science and economics at the University of Chicago Booth School of Business, has won the Nobel Prize in Economic Sciences for 2017. “In total, Richard Thaler’s contributions have built a bridge between the economic and psychological analyses of individual decision-making,” said…