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Square Announces Bitcoin Trading Expansion…

“What do you think about Square offering BTC trading services in all 50 U.S. states?” writes Nick Omo for livebitcoinnews.com. Square, founded in 2009 by Twitter co-founder, Jack Dorsey, began offering Bitcoin trading on its platform in 2017.In the first quarter of 2018, the company announced that it made a profit of $200,000 from trading Bitcoin.The company also recently a total Bitcoin trading profit of almost $500,000 in the first six months of 2018.Square, a mobile payments platform has announced the expansion of its Bitcoin trading services to every state…

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Full Harvest raises $8.5 million to help farms sell their deformed produce

“The San Francisco-based startup works with food buyers and sellers to find a market for food that may otherwise be disposed of” writes Paul Sawers for venturebeat.com. Buyers can sign up to receive pricing alerts and place orders through the Full Harvest platform.Farms can sign up through the platform to list and sell produce they might struggle to offload through traditional retail outlets.Founded in 2015, Full Harvest is one of a number of fledgling waste-reducing platforms to garner investor interest of late.Full Harvest, a B2B marketplace that helps farmers shift surplus…

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Twitter CEO: ‘I don’t know’ if ban will change Alex Jones’ behavior

“But while the company has seen temporarily or permanently barring people from its platform has the ability to “impact and change behavior,” Dorsey said he doesn’t know if it will have an effect on Jones” writes David Paul Morris for cnbc.com. Twitter was one of the last major platforms not to remove Jones from its platforms, after Apple, Facebook, Pinterest, Spotify and YouTube removed some or all Jones-related content. Source: cnbc.com Share This:

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Descartes Labs adds Airbus’ OneAtlas catalog to its satellite maps platform

“Descartes Labs, a Santa Fe, New Mexico-based geospatial analytics startup, is teaming up with Airbus to bring high-resolution satellite imagery to its platform” writes Kyle Wiggers for venturebeat.com. Within the Descartes Labs Platform, a built-in viewer tool lets data scientists navigate to imagery in the archive, select between bands, move through time series, and label reference data.In addition to the new imagery, Descartes is launching its first non-satellite data: weather. Source: venturebeat.com Share This:

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Playboy is reportedly suing a cryptocurrency platform

“In May, the Canadian-based cryptocurrency firm announced an upcoming partnership with Playboy Magazine’s parent company, Playboy Enterprises” writes Zo Bernard for businessinsider.com. Playboy Enterprises is suing Global Blockchain Technologies (BLOC) alleging that it failed to uphold an agreement to incorporate its technology into Playboy’s media platforms, the Los Angeles Times reports.BLOC said that it had plans to integrate a token called Vice Industry Token into Playboy TV’s platform so that users could get paid in cryptocurrency to watch adult entertainment and pay for content in digital currency. Source: businessinsider.com Share This:

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The Best Way for Netflix to Keep Growing

“Becoming a multisided platform in this way would allow Netflix to tap a different dimension of growth: selling more stuff to the same subscribers” reports hbr.org. Rather, Netflix can turn its service into a carefully curated platform, with relatively tight governance rules that can be relaxed over time.I am not arguing that Netflix should move to an open platform model like YouTube’s, where everyone and their cat can post video content.And the beauty of the platform model is that Netflix can grow without having to buy or produce the new…

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After public outcry, Beijing says it will ban new online lending platforms

“Now, authorities covering internet financial and loan risks have laid out 10 policy measures, such as bans on new online lending platforms, state-run news agency Xinhua reported Sunday” writes Evelyn Cheng for cnbc.com. Seventy-three percent of P2P platform failures since June were due to liquidity issues, Citi analysts Daphne Poon and Judy Zhang said in a July 18 report.The Chinese government is stepping up scrutiny of and instituting new measures for a once-burgeoning online lending sector, where fund closures have prompted protests and even caused a convenience store chain in…

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Two Chinese EV sharing platforms in $730 million push to fuel growth: sources

“In January, the platform reached a valuation of 10 billion yuan ($1.5 billion) after a 1 billion yuan funding round” writes Midwest Communications Inc for 95kqds.com. HONG KONG (Reuters) – Two electric vehicle-sharing platforms backed by powerful Chinese carmakers plan to seek external funding totaling almost $730 million to fuel their growth, people with direct knowledge of the plans said.EvCard, an electric vehicle rental service under state-owned SAIC Motor Corp, is also considering raising some 2 billion yuan ($292 million) from external investors, according to a person with direct knowledge. Source:…

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