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Adobe Could Add Another 25% to Its Blistering Rally, Morgan Stanley Says
Adobe Could Add Another 25% to Its Blistering Rally, Morgan Stanley Says
Adobe Inc.’s blistering rally has further to go, according to Morgan Stanley analyst Keith Weiss, who sees the
2023-07-31 17:45
A 3-year subscription to this powerful VPN is on sale for 61% off
A 3-year subscription to this powerful VPN is on sale for 61% off
TL;DR: A three-year subscription to a Windscribe VPN Pro Plan is on sale for £63.10,
2023-07-05 12:29
Why Are Electric Car Names So Bad?
Why Are Electric Car Names So Bad?
The chance to name a new car is precious, a billion-dollar branding exercise with decades of potential staying
2023-06-01 19:45
Samoa media guide
Samoa media guide
An overview of the media in Samoa, including links to broadcasters and newspapers.
2023-07-11 20:53
As Reddit Crushes Protests, Its User Traffic Returns To Normal
As Reddit Crushes Protests, Its User Traffic Returns To Normal
Traffic to Reddit appears to be returning to normal despite the ongoing protests, which the
2023-06-23 05:21
How Many People Play Apex Legends in 2023?
How Many People Play Apex Legends in 2023?
Apex Legends' average monthly player count hovers around 65,000,000 players in 2023, with over 66,000,000 people playing Apex Legends in August 2023.
2023-09-18 23:25
PayPal launches dollar-backed cryptocurrency
PayPal launches dollar-backed cryptocurrency
PayPal has launched a new cryptocurrency that is tied to and backed by the US dollar. PayPal USD, issued by Paxos Trust Company, is a type of digital currency called a stablecoin, which differs to other cryptocurrencies like bitcoin as their values are tied to traditional fiat currencies like dollars, pounds or euros. “The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said PayPal chief executive Dan Schulman. “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD.” The new crypto token will roll out first to US PayPal customers, offering the ability to send and transfer PayPal USD to other people, as well as fund purchases when checking out at online stores. The new cryptocurrency comes at a time of increased scrutiny at the crypto industry, with regulators looking to avoid a repeat of the TerraUSD stablecoin collapse that wiped tens of billions of dollars from markets in 2022. The TerraUSD token was also pegged to the US dollar, however unlike PayPal USD it was not backed up by any dollar reserves. Instead, it used a partner cryptocurrency to maintain its value algorithmically, which ultimately caused both cryptocurrencies to crash in tandem. Other companies have also attempted to launch stablecoins, including Facebook’s Libra project, which was shut down last year after facing push back from regulators. The US House Financial Services Committee has since advanced a bill aiming to set up a federal framework for stablecoins in order to integrate them into modern payment systems. “We are currently at a crossroads to keep America at the forefront of digital asset innovation,” US Representative Patrick McHenry, who chairs the committee, said in a statement following PayPal’s announcement. “Congress is making significant, bipartisan progress on legislation to ensure the US leads the financial system of the future.” Read More What is Elon Musk’s ‘everything app’ X? Kenya suspends eyeball-scanning crypto worldcoin
2023-08-08 19:54
CATL to Supply Batteries for Australia’s Shift Away From Coal
CATL to Supply Batteries for Australia’s Shift Away From Coal
Contemporary Amperex Technology Co. Ltd., the biggest electric car battery producer, will supply energy storage systems to Western
2023-09-19 13:48
Cantaloupe Unveils New Seed Pick Easy Solution at NAMA
Cantaloupe Unveils New Seed Pick Easy Solution at NAMA
MALVERN, Pa.--(BUSINESS WIRE)--May 10, 2023--
2023-05-11 03:17
'Enhance Image' Function in Edge Browser Sends Image URLs to Microsoft
'Enhance Image' Function in Edge Browser Sends Image URLs to Microsoft
An image-enhancement feature for Microsoft's Edge browser is raising eyebrows because it can send the
2023-06-13 05:19
Moody’s Says $4 Trillion of Debt Exposed to Environmental Risks
Moody’s Says $4 Trillion of Debt Exposed to Environmental Risks
The amount of debt facing heightened exposure to environmental risks has more than doubled to over $4 trillion
2023-11-29 07:56
In classic pre-Prime Day fashion, Amazon is giving away free money again
In classic pre-Prime Day fashion, Amazon is giving away free money again
TL;DR: Through Oct. 7, uploading and backing up photos through Amazon Photos gets you a
2023-09-19 22:56