Crypto News 

Square Cash app now lets you easily buy and sell Bitcoin from iPhone

“Square Cash beat Apple Pay Cash to enabling sending money over iMessage and using a virtual debit card over Apple Pay in stores and in apps” writes Sonos One for 9to5mac.com. Square CEO Jack Dorsey says Cash added Bitcoin trading because the company sees Bitcoin “as a long-term path towards greater financial access for all.” The latest update lets you use your Cash balance to instantly buy and quickly sell BTC, and adding funds to your Cash app takes just a few taps.Cash isn’t the first iOS app to let…

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Crypto News 

Bitcoin Today: South Korea Has No Plans for Crypto Bans, Facebook Sure Does

“South Korea has no plans to ban cryptocurrency trading exchanges in the country, said Finance Minister Kim Dong-yeon, according to Reuters” writes Kinsey Grant for thestreet.com. South Korea will seek to regulate exchanges, but Kim specifically said, “There is no intention to ban or suppress cryptocurrency.”.  Source: thestreet.com Share This:

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Markets News 

EBay Q4 falls slightly short on sales of $2.6B, EPS in line at $0.59, full year revenues of $9.6B

“Still, the company tried to sound an upbeat tone, pointing to active buyer growth of five percent to 170 million” writes Minutes Ago Megan for techcrunch.com. EBay reported its Q4 and full-year earnings after market close today, where it reported sales of $2.6 billion and adjusted earnings per share of $0.59 for the quarter (versus $0.54 a year ago), and $9.6 billion in revenues for the year.The company expects net revenue between $2.57 billion and $2.61 billion in Q1 but with lowered EPS versus this quarter of between $0.52 and $0.54.The…

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News 

AT&T quarterly profit tops estimates, shares rise

“NEW YORK (Reuters) – AT&T Inc (T.N) said on Wednesday that quarterly profit beat Wall Street analyst estimates, helped by impacts from tax cuts and wireless subscriber additions” writes Min Read for reuters.com. For 2018, AT&T said including impacts from tax cuts and a new accounting standard, it expects earnings per share in the $3.50 range, free cash flow of about $21 billion and capital expenditures of $25 billion.Analysts on average were expecting earnings of 65 cents per share, according to Thomson Reuters I/B/E/S. AT&T is aiming to complete its…

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News 

Facebook reports big drop in usage — even as it announces standout earnings

“The company also reported what seems to be its first-ever decline in daily-active users in the United States and Canada” writes Troy Wolverton for businessinsider.com. Even as it reported standout earnings, Facebook gave investors something to worry about on Wednesday — a marked decline in usage of its service.Despite that decline, the company’s total daily active users worldwide rose to 1.4 billion from 1.37 billion in the third quarter.And users and usage aside, Facebook’s results topped analysts’ revenue and earnings expectations. Source: businessinsider.com Share This:

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News 

Microsoft’s Q2 productivity revenue up 25% YoY to $9B, Intelligent Cloud revenue up 15% YoY to $7.8B, personal computing revenue up 2% YoY to $12.2B

“Microsoft today reported earnings for its second fiscal quarter of 2018, including revenue of $28.9 billion, net income of $7.5 billion, and earnings per share of $0.96 (compared to revenue of $26.1 billion, net income of $6.5 billion, and earnings per share of $0.83 in Q2 2017)” writes Emil Protalinski for venturebeat.com. Analysts had expected Microsoft to earn $28.39 billion in revenue and earnings per share of $0.86.Nadella’s plan to turn Microsoft into a cloud company is working. Source: venturebeat.com Share This:

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Microsoft revenue climbs to $28.9B, besting Wall Street expectations once again

“Microsoft topped Wall Street expectations again in the second quarter of its fiscal year, as the cloud continues to drive strong financials for the company” writes Nat Levy for geekwire.com. Analysts expected Microsoft to post earnings of 86 cents per share on $28.39 billion in revenue.Microsoft reported $7.5 billion in non-GAAP profits, a 20 percent increase over last year. Source: geekwire.com Share This:

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Former Apple Executives Launch New Social Gaming Broadcast Service ‘Caffeine’

“Two former Apple executives have today launched a new game broadcasting service called Caffeine , which allows users to watch and broadcast games and other entertainment on Mac, PC, and iPhone” writes Am Pst for macrumors.com. If you’re interested you can find the desktop site at caffeine.tv and the iPhone app on the iOS App Store [ Direct Link ].In a press release, the company likened Caffeine to Amazon’s Twitch platform, “only easier, safer, and more social.”Caffeine was founded by Ben Keighran and Sam Roberts, a former product design lead…

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Apple: We would never degrade the iPhone experience to get users to buy new phones

“Apple said it would never intentionally “degrade the user experience to drive customer upgrades.”” writes Josh Lipton for cnbc.com. “We sought to further improve the customer experience in December by announcing a significant discount on replacement batteries for certain iPhones.We know that iPhones have become an important part of the daily lives of our customers and our intention was to improve the customer experience.”.  Source: cnbc.com Share This:

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