Jack Dorsey: Bitcoin-Friendly Cash App is Now 2nd Most Popular Apple Application

Within a decade since its launch in 2009, Twitter CEO Jack Dorsey’s fintech company Square has transformed into a $29 billion digital payments giant and the go-to platform for users to send and receive money and buy Bitcoin. On February 3, Dorsey revealed that Square Cash (also known as Cash App), one of the most […]

Continue Reading

Here’s How Much Nvidia Actually Made from Crypto Mining Sales

According to a report by Markets Insider, Nvidia generated $1.95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher. “We think NVDA generated $1.95 billion in total revenue […]

Continue Reading

Temporary Bounce? Trump Gloats Over Buzzfeed and HuffPo Layoffs as Storm Clouds Gather Over Presidency

US president Donald Trump has gleefully weighed in on the news of mass layoffs at Buzzfeed and the Huffington Post in typically abrasive fashion on his Twitter account. According to Trump, who is facing an unprecedented challenge to his presidency following the arrest of longtime adviser Roger Stone and another impending government shutdown on the […]

Continue Reading

Freemium Isn’t Free! Free Mobile Games Generated a Whopping $61 Billion in 2018

Fortnite was last year’s biggest winner with 2.4 billion USD in revenue. Image from Shutterstock. The 2018 end-of-year report by Nielsen-owned gaming research company SuperData has revealed that so-called freemium games – games that are free to play but typically enable microtransactions for users to purchase upgrades and gizmos – are dominating the entertainment market, […]

Continue Reading

No US Recession for at Least 5 Years: OppenheimerFunds Investment Boss

There’s no fear of an economic recession within the next five years, so everyone anxious about bearish projections should calm down. That’s the advice of Krishna Memani, the chief investment officer at OppenheimerFunds. Memani says the US economy is slowing down a bit, but it will still increase north of 2%. Moreover, Memani says that fears […]

Continue Reading