Close

Monthly Archives: August 2020

Trump issues executive orders banning U.S. transactions with WeChat and TikTok in 45 days

[CNBC] KEY POINTS President Donald Trump on Thursday issued executive orders banning U.S. transactions with Chinese tech firms Tencent and ByteDance. Tencent owns the messaging service WeChat and ByteDance owns the popular short-video-sharing app TikTok. The ban will take effect in 45 days. While the scope of the bans remain […]

Read More

Microsoft confirms talks to buy TikTok in U.S., aims to finish deal by Sept. 15

[CNBC] KEY POINTS Microsoft’s statements on Sunday marked the company’s first confirmation of talks it has held to acquire the popular social-media app. Other investors could participate in an acquisition alongside Microsoft, according to the company statement. Microsoft on Sunday confirmed that it has held talks with Chinese technology company ByteDance […]

Read More

Nearly $100M in Bitcoin Moved to Ethereum in July, Led by Retail Traders

[Coindesk, Getty Images] Ethereum is still the most popular off-chain destination for bitcoins as its supply of tokenized bitcoin (BTC) grew more than 70% in July. More than 20,000 BTC — worth roughly $225 million — are now tokenized and used in Ethereum-based protocols. Wrapped Bitcoin (WBTC) represents over 76% of the […]

Read More

USPS just made sweeping changes to its leadership as lawmakers call for an investigation into delayed mail ahead of the 2020 election

[Business Insider] The nation’s public mail service USPS announced a sweeping overhaul to its organization Friday that displaced the agency’s two top executives.  The new structure follows previous changes the agency made under the leadership of Louis DeJoy that Democratic lawmakers say put USPS’s ability to field scores of mail-in […]

Read More

Hurricane Isaias Is Moving Through Bahamas and Will Approach Florida Later Saturday; Will Track Up East Coast Next Week

[Weather Channel] At a Glance Hurricane conditions are expected over portions of the northern Bahamas Saturday. Impacts will be felt in parts of Florida later Saturday. Hurricane conditions could reach South Florida Saturday night. The forecast for this system is still uncertain. Isaias may ultimately impact a sizable swath of […]

Read More