Last week, JPMorgan Chase became the first major United States bank to introduce its own digital token. The bank had already released a blockchain platform called Quorum that other institutions use to keep track of financial data. JPM Coin will operate differently than other popular cryptocurrencies like bitcoin and ethereum because it will be run […]

While many stores struggle to keep up sales against online retailers, especially Amazon, Walmart posted impressive sales numbers during the 2018 holiday season. Walmart saw an increase in both in-store sales as well as online sales, seeing a 4.2% rise in in-store sales compared to last holiday season. Even more impressive, digital sales increased by […]

In an early celebration of President’s Day, President Trump gifted himself $5.7 billion to build the border wall. Trump declared a national emergency on Friday to divert tax dollars to the wall, seemingly determined to test the constitutional boundaries of the executive branch. Sixteen states, led by California, have not been afraid to challenge Trump’s […]

Since the British public voted to leave the European Union (EU), the United Kingdom (UK) has been in a prolonged state of political and economic uncertainty. As legislators continue to hold each other hostage as to what terms the UK will leave the EU, banks, manufacturers, and other firms are fleeing to jurisdictions with more […]

T-Mobile is making hail-Mary efforts to get public and government approval of the company’s merger with Sprint. T-Mobile executives say the $26.8 billion deal will lead to $6 billion in cost reductions and an overall better product for customers. Two weeks ago, Chief Executive John Legere told the U.S. Federal Communications Commission that T-Mobile will […]

Amazon has cancelled all its prospective plans to establish a second headquarters in New York City. The internet behemoth cited push-back from local leaders upset by the nearly $3 billion dollars in incentives offered by state politicians as the rationale behind the cancellation of its plans. Amazon’s sudden withdrawal from its plans to establish 25,000 […]

Music streaming behemoth Spotify has acquired two leading podcast firms, Gimlet and Anchor, in an attempt to branch out for new growth opportunities. Though the Swedish company had over 96 million active subscribers at the close of 2018, operating a music streaming platform has long been a low-margin business with heavy market competition by mainstays […]

Johnson and Johnson and individual plaintiffs were described as “close” to reaching a deal to settle claims regarding defective implants, Bloomberg reported this week. The lawsuits relate to J&J’s Pinnacle metal-on-metal hip implants, which have faced accusations of causing several side effects, including bone erosion and tissue death. J&J has been subject to lawsuits around […]

In the last few years, the tech world has been shaken by privacy breaches including Russia’s usage of Facebook to sway the 2016 presidential election, Wells Fargo’s major breach in customer accounts, and a recent case in which customer’s discovered a bug in Apple’s FaceTime app which allowed users to listen and view live video […]

For the cryptocurrency industry, the events of the past week days may seriously upend consumer confidence. Quadriga, a major Canadian cryptocurrency exchange company filed an affidavit with the Novia Scotia Supreme Court seeking creditor protection. The company owes its customers upwards of $190 Million, and technically has the capital, but can’t pay them back. Why? […]