FINANCE

Many know about the Dow Jones, a stock market index showing how 30 publicly-owned U.S. companies have traded during a trading session in the stock market. For cryptocurrencies, Coinbase announced on Tuesday that it is launching an index fund. According to the announcement from one of the world’s largest cryptocurrency …

An increasing number of the world’s super-rich are investing in digital currencies, according to the Wealth Report for 2018 of Knight Frank. Over everything else, however, the uber-wealthy still prefer to invest in stocks and property, the report also showed. The Wealth Report is a yearly poll of wealth advisers …

There is a new trend in the cryptocurrency industry, and it’s all about giving away digital currency to charity or specific causes. Because of that, social entrepreneur Paul Lamb said virtual money is changing how it is used for fund-raising activities and philanthropic endeavors. Exciting New Trend “Much of the …

The people behind Sustainable Ocean Alliance (SOA) are happy that they don’t have to look for funds and would focus on technological solutions to problems faced by the earth’s oceans. This after the SOA received $1 million from the Pineapple Fund, which would also be used for its Ocean Solutions …

Sales and income figures of Amazon for the last three months of 2017 are out. The last quarter of 2017 turned out to be a much profitable period for Amazon after it reported net income of $1.9 billion for the fourth quarter. 4th Quarter Financial Report In a press release …

iPhone sales in the last quarter of 2017 dropped by a million compared to the number of units sold during the same period in 2016. In a report on its quarterly earnings, Apple recorded sales of 77.3 million iPhones in the last three months of 2017. In the last quarter …

Uber has officially closed a $1.25 billion primary investment deal with a group of investors led by the Tokyo-based SoftBank. (Read: Uber’s Big SoftBank Deal Has Officially Closed) The deal between Uber and the consortium came together late last month, with the group valuing Uber at $48 billion. The consortium’s …

It was a sad Thursday for at least two dozen employees of Snapchat parent company Snap Inc. Snap has laid off 24 employees, mostly from eight content teams, according to sources at the six-year-old company who talked to Cheddar. A Snap spokesperson confirmed the layoffs but did not comment any …

Apple has announced that it will be pouring $350 million in the U.S. economy in the next five years. In a press release, the company said the new set of investments is meant “to build on its commitment to support the American economy and its workforce.” 3 Areas of Investments …

Everybody wants to save on power and keep his or her power bill to an affordable level. The most basic rule to achieve that is to unplug appliances that are not in use. (Read: Tips for Lowering Your Electric Bill) But there is also a way for you to save …