Friday, June 14, 2019

Facebook gets big backers for its cryptocurrency

The Silicon Valley technology giant has reportedly enlisted a number of high-profile firms including Uber, MasterCard, Stripe, Visa, and Booking. com to support its new cryptocurrency. http://bit.ly/2IgTnGO https://ift.tt/eA8V8J

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...