FlowBank

1197 days ago

Square wants to buy Jay-Z's Tidal

Square who is down -4.51% today expressed wanting to buy Tidal, Jaz-Zs music streaming business. Square is looking to diversify after they made a mountain of cash this year. Tidal has not seen very much success relative to its competitors in recent times and is more expensive too. CEO Dorsey might simple be looking for a platform to build off of with a name brand recognition that comes with it. This is a similar deal to Apple buying Beats by Dre. Source: MarketWatch

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JAY Z TIDAL

1198 days ago

Ripple crashes under its critical support following the SEC lawsuit

The SEC is accusing Ripple of illegal security selling, which made XRP lose 25% of its value in a matter of hours. According to the SEC, the San Francisco start-up illegally sold $1.3 billion worth of unregistered securities. 

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Ripple lost 25% of its value following SEC accusations

1198 days ago

E-sports audience increases

E-sports continue to attract viewers from around the globe in record numbers. The growth is steady in both dedicated e-sports viewers and also occasional viewers. Spurred by the likes of YouTube, and Twitch, 2023 could prove to surpass the 600 million viewers (currently around 500 million) and position the industry for further growth think Nvidia, Unity, Logitech, and potentially Netflix too who could find extra earnings in streaming this business. 

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1199 days ago

Top cryptocurrencies supported by ATM

Each crypto is ordered by the number of ATM that offer services linked through it. Although there is a growing number of alternatives, Bitcoin remains the most popular digital coin. 

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Number of atm supporting each cryptocurrency

1199 days ago

Lidar stocks soar after report that Apple is working on a car for 2024

Reuters reported on Monday that Apple is aiming to start production of an Apple-branded car for consumers as soon as 2024. That boosted the stocks of two companies that make lidar sensors, a core component for self-driving cars that allows their computers to take a 3D image of the world around them. The sensors measure the range or velocity of objects using a process that is similar to radar -- they bounce lasers off objects and when the light returns, the sensors can calculate how far away the object is and if it’s moving. Self-driving car companies like Alphabet’s Waymo and GM’s Cruise make heavy use of lidar in their self-driving systems. Apple has decided to use outside partners for parts of its self-driving system, including lidar sensors, according to the report. Velodyne stock rose nearly 23% on Monday. Luminar rose over 27%  - source: CNBC 

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LIDAR sensor, a core component for self-driving cars
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