Month: May 2022

Stripe Resumes Crypto Push Drawing Inspiration From Block, PayPal

Payments company Stripe Inc. looks to give customers access to Bitcoin four years after suspending support for the cryptocurrency, Bloomberg reports. Stripe collaborated with crypto startup OpenNode to help its customers to accept Bitcoin payments through a new app. Stripe customers will be able to convert incoming payments and any amount of their balance into Bitcoin via the…


Man Convicted of 1st-Degree Murder in Beheading Case

CONCORD, N.H.—A jury on Thursday convicted a New Hampshire man of first-degree murder for killing his wife’s coworker after he discovered they were texting, and then forcing her to behead him. Armando Barron, 32, faces a life sentence without parole. He also was convicted of assaulting his wife, Britany Barron, the night he discovered she…


Where Does ServiceNow Stand With Analysts Post Investor Day?

After attending its investor day meet, analysts offered their views on ServiceNow, Inc.. Mizuho analyst Gregg Moskowitz said management expressed bullishness on its growth prospects and targeted $11 billion+ of subscription revenue by 2024, and $16 billion+ by 2026, above its initial targets of $10 billion+ and $15 billion+, respectively. NOW also raised 2024E OMs by 50bps, to 27…


Decentralized Search Engine Hoping to Rival Google Launches on Mainnet

A privacy-focused decentralized search engine has been launched on the public mainnet. What Happened Presearch, a community-driven blockchain, hopes to rival Alphabet Inc’s Google with its newly launched search engine. “In a world where one company controls 92 percent of the search engine market and the flow of information for billions of people, there’s a clear need for…


Broadcom to Acquire VMware in $61 Billion Deal: What Investors Need to Know

Broadcom Inc. on Thursday announced it will acquire VMware Inc. in a cash-and-stock transaction that values the multi-cloud company at approximately $61 billion. What to Know VMware’s multi-cloud portfolio spans application modernization, cloud management, cloud infrastructure, networking, security and more. Following the closing of the transaction, the Broadcom Software Group will rebrand as VMware and incorporate Broadcom’s existing infrastructure and security software solutions as part of…


Murder for Hire? What You Need to Know About Enochian Biosciences Co-Founder’s Arrest

The co-founder of Enochian Biosciences Inc was arrested Wednesday following a two-year investigation into a man who was kidnapped and found dead in January 2018. What Happened Dr. Serhat Gumrukcu, co-founder of Enochian Biosciences, is being charged with conspiring to use interstate commerce facilities in the commission of murder-for-hire, which resulted in the death of Gregory Davis,…


Elon Musk’s Starlink Now Has Over 400,000 Global Users

Tesla Inc CEO Elon Musk-owned SpaceX’s high speed, satellite-based internet service Starlink now has over 400,000 subscribers globally, CNBC reported on Wednesday, citing a filing with the Federal Communications Commission. What Happened The latest numbers reveal Starlink’s fast growth. The company reported 250,000 subscribers two months ago and about 145,000 subscribers at the start of the year. The subscription numbers include both individual…


Regional Areas of New South Wales to Receive Smart City Technology

The New South Wales (NSW) government is investing $2.4 million (US$1.7 million) to bring smart city technologies to regional areas of NSW, narrowing the tech gap between those regions and urban areas. Minister for Local Government, Wendy Tuckerman, said on Thursday that the Smart Regional Spaces: Ready, Set, Go project, which partners with two Sydney-based…


Armed Assailants Kill About 50 People in Eastern Burkina Faso

OUAGADOUGOU—Armed assailants have killed about 50 people in a part of eastern Burkina Faso ravaged by Islamist violence, the region’s governor said on Thursday. It was not immediately clear who was behind the attack on Wednesday against residents of the rural commune of Madjoari, said Colonel Hubert Yameogo, the governor of the East Region. The…


Ruble Slumps Over 10 Percent to Near 2-Week Low as Russia Slashes Rates Again

The Russian ruble slumped around 10 percent against the dollar in volatile trade to a two-week low on Thursday as the central bank cut interest rates to 11 percent and suggested more cuts would follow as inflation risks subside. The central bank cut its key rate by 300 basis points for the third time in…