Crypto News 

How Regulation Could Help Cryptocurrencies Grow

“And they will help the United States emerge as a wise leader in the regulation of cryptocurrency, which will spur entrepreneurship and innovation in this country” reports hbr.org. Without clear regulations, cryptocurrency innovation in the United States is being stifled.Given the regulatory uncertainty, the United States also risks allowing fraudulent purveyors of cryptocurrencies to drive out the good.And the commonweal suffers, as other countries lure innovators away from the United States by creating rules that make their jurisdictions more hospitable to this growing asset class.But an emergent fourth asset class, cryptocurrencies,…

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Markets News 

Surprise! PC sales grow for first time since 2012

“PC sales grow for first time since 2012 For the first time in the last SIX YEARS, PC shipment numbers grew worldwide” reports slashgear.com. This quarter’s estimates put it as the first quarter of year-over-year global PC shipment growth in a long, long while.This is according to analysts at Gartner, who suggest that this year-over-year growth in global PC shipments is a temporary situation.This is all apparently due to the business world replacing all their old PCs with new Windows 10 PCs in a global trend. Source: slashgear.com Share This:

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News 

Uber’s latest hire is another sign the company is trying to grow up

“Recently Uber has shown signs of introducing more oversight to the company, such appointing non-executive directors to its UK board” writes Finanzen Net Gmbh for businessinsider.com. The appointment of a designated compliance and ethics officer could indicate an increased willingness to cooperate with authorities and regulators. Source: businessinsider.com Share This:

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News 

Don’t compare Xiaomi to Apple or Samsung, says early investor

“The more devices they have, the more likely they are to use the company’s internet services, Tung said” writes Chloe Aiello for cnbc.com. But for Xiaomi, services are growing more slowly and currently make up less than 10 percent of total revenue.Xiaomi’s vast ecosystem of hardware has invited some comparisons to Samsung, rather than Apple, but Tung insists the company is different from both.It was once considered a major threat to Apple, but investor enthusiasm seems to have cooled. Source: cnbc.com Share This:

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News 

Buy Baidu as advertising revenue returns, AI projects grow: KeyBanc

“Chinese internet search behemoth Baidu is poised for stronger revenue as advertising on its news feed improves, spelling further upside for investors, according to KeyBanc Capital Markets” writes Nelson Ching for cnbc.com. He increased the forecast for news feed revenue to ¥14.1 billion in 2018 and ¥22.6 billion in 2019, from the previous forecast of ¥12.0 billion and ¥19.6 billion, respectively.He estimated Baidu’s daily revenue could reach ¥60 million ($9 million) by the end of this year, about double from last year.The unexpected boon comes two years after censors hampered…

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Markets News 

Smart speaker adoption expected to grow 6 times by 2022, with Apple trailing

“A new report projects that the smart speaker market will continue its torrid growth, with Google and Amazon battling for dominance and Apple stuck in a distant third place” writes Chris O’brien for venturebeat.com. Meanwhile, Apple’s HomePod only claims a 4 percent chunk of smart speakers currently installed, a figure that should grow to about 10 percent by 2022.Along the way, market leader Amazon will continue to see its market share slip, Canalys says.By the same measure, Google’s Home will grow from about 30 percent now to 34 percent in…

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News 

Brian Moynihan: Banks should do more to serve those who have served our country

“With access to capital and business training, their success rates as small business owners are high” writes Brian Moynihan for cnbc.com. That’s why Bank of America recently launched a new $20 million Veteran Entrepreneur Lending Program, to connect prospective veteran business owners with affordable capital to help start and grow their businesses.According to the Small Business Administration, 10 percent of veterans would like to own their own business.With the help of a bank loan, he started a business that does both. Source: cnbc.com Share This:

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News 

Cities Cut Government Contracts for Immigrant Detention as Protests Grow

“And in Alexandria, Virginia, authorities put an end to a deal allowing ICE to house immigrant children in a juvenile detention center” reports nytimes.com. Local governments around the United States are starting to sever lucrative ties with federal immigration entities amid growing discomfort with the Trump administration’s immigration policies. Source: nytimes.com Share This:

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News Platforms 

Signal Media raises $16 million to grow its AI-powered reputation management platform

“Founded out of London in 2013, Signal Media applies machine learning to nearly 3 million information sources, including online, social media, print media, television, and radio, to serve up alerts to those seeking to follow news, online conversations, and other tidbits relevant to them” writes Paul Sawers for venturebeat.com. Signal Media claims some notable clients in the U.K., including British Airways, Allen & Overy, TalkTalk, and E.On, and the company told VentureBeat that it has seen 300 percent growth year-on-year.Signal Media, a reputation management platform that uses artificial intelligence (AI)…

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Futures News 

Dow futures slide as fears of full-scale trade war grow

“Dow futures dropped by more than 100 points on Wednesday, as global equities sold off on revived fears about a full-scale U. S-China trade war” writes Markets Reporter for marketwatch.com. The S&P 500 index SPX, +0.22% gained 0.2% and the Nasdaq Composite Index COMP, +0.39% rose 0.4%.Dow Jones Industrial Average futures YMU8, -0.55%  slid 126 points, or 0.5%, to 24,176, while S&P 500 futures ESU8, -0.49%  dropped 12 points, or 0.4%, to 2,716.50. Gold futures GCQ8, -0.10% fell to $1,258.80 an ounce, while the ICE U.S. Dollar Index DXY, +0.25%…

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