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All Posts Term: Technology
92 post(s) found

Ease Raises $500K To Expand Business

Jun 12 2018
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Nate Harris is the co-founder of Ease and has never previously worked at a technology start-up before. Ease is a Milwaukee-based technology and service provider that helps companies locate freelance workers that can create websites and that aid with search engine optimization. Harris welcomes competition from companies like Upwork and Fiverr and feels it is healthy for business growth.

Ease Raises $500K in funding and centers on the middle and high end level of the freelancing market. It is fairly fresh on the scene, but Harris plans on utilizing the recent profits to expand business in areas it currently operates in such as Denver, San Francisco, Phoenix and Milwaukee. Harris launched Ease in 2016 and says his company is now worth about $2 million. The two investors, CSA Partners and Gener8tor, are also based in Milwaukee. According to Harris, there are over 1,000 freelancer workers in his company's network. He also says business seems to be going as planned so far.

A New Bitcoin Exchange From The Winklevoss Twins

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Winklevosses' bitcoin exchange gains approval from New York to roll out services

On Monday, the top regulator of financial services in New York announced that it will allow the Gemini Trust Company bitcoin exchange, established by Tyler and Cameron Winklevoss, to provide trading of Zcash - the privacy centered crypto currency. This makes it the only licensed exchange for Zcash in the world.

The Financial Services State Department said that it will also allow Gemini to provide Bitcoin Cash and Litecoin trading and custody services in the near future.

"With shrewd and comprehensive regulatory supervision, the long term expansion and development of the sector will thrive" Maria Vullo, the Financial Services Superintendent, said in an interview.

According to Gemini, Zcash deposits will start to be accepted on May 19, 2018, and trading will commence a few days later.

Investors Feel Bullish When It Comes To Alphabet

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Market capitalization for Alphabet Inc. peaked at nearly $731 billion, which translates into a share price of around $1,073 for the NASDAQ-traded security. The firm's price-to-sales ratio also outpaced the overall average of the technology segment. Investors have taken the total market capitalization and divided it by the company's sales figures to calculate this ratio.

How GOOG Stock Maintains Value

Alphabet Inc. doesn't offer a traditional dividend in the form of additional shares or any sort of cash payment. In fact, the exchange lists their dividend payout ratio as zero for the last year. The company's shares have traded over a huge range, however, which has helped to make money for investors. Over the last twelve months, GOOG stock has been trading anywhere from around $839 to around $1,187 at any given time.

CargoX Brazil Transforms The Trucking Industry

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How 'Uber For Trucks' in Brazil Quietly Achieved a run Rate of $200 Million in Only six Years

Among American startups, the race has begun to introduce technology to the trucking industry, with large sums of money raised and major players, such as Uber and Amazon, getting involved. However, in Brazil, businessman Federico Vega is content to develop a trucking challenger of his own, CargoX, away from that publicity. This venture now boasts yearly revenue of $200 million.

If he had not set up his CargoX Brazil business in its' current location, Vega's achievements to date would have made him much more famous in tech communities. Since its' 2011 launch, CargoX has expanded in six years to be one of Brazil's top ten players in the trucking industry. Also, it is the third biggest on the planet, with 2.6 million lorries on the roads. If a firm like Unilever has to transport cargo somewhere unexpectedly, it can hire drivers using CargoX's app. The startup will handle the shipping, insurance and risk. In return, CargoX receives a cut of roughly fifteen percent.

Binance Takes Measures To Stop Insider Trading By Employees

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Wall Street might have an ambivalent opinion of cryptocurrency, however people who trade in cryptos are taking inspiration from history.

Binance, the biggest crypto exchange in the world by trade volume, has introduced employee trading restrictions that its' boss says he copied from large investment banks.

"We permit our staff to own cryptos, because we think they will have a higher value than fiat currency in future" said Changpeng Zhao, Binance CEO, in a Yahoo Finance interview. "However, everyone has to be cleared if they wish to trade cryptocurrencies, and they must wait a minimum of thirty days before making any further trades". According to Zhao, these trading restrictions help staff earn more cash, because it requires them to hold for longer, even when volatility is high in the short term. "I never liked day trading" he said.

Binance Review – Does This Cryptocurrency Exchange Live Up To The Hype?

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Here's an overview of the well known cryptocurrency exchange Binance...

Shining the Spotlight on Binance

At the moment, cryptocurrency investors have many exchanges at their disposal, with different options, so picking the right one is not an easy matter. Whether you're a crypto novice or seasoned digital currency investor, you should ensure that you use the best platform to optimize your profits from cryptocurrencies.

Binance is an exchange that is often mentioned by the mainstream media. It has rapidly acquired a big following and become one of the most famous digital currency exchanges around. Its' unprecedented rise is a large reason why lots of people are cautious about it, and want more information about whether they can trust it or not.

For this reason, I have chosen to provide the following Binance review!

Firstly, let's begin with a fundamental question...

Invest In Bitcoin Today

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Crypto currency is currently in a slump. There is only one thing to do- buy Bitcoin. The rule is always buy low, and sell high. That means buy crypto currency when the prices are low and sell them when they are high. People call the current slump "the end of crypto currency" but it isn't true. Remember, buy low. This is a great opportunity to diversify with crypto and get it at a great price. Remember these two words- buy Bitcoin.

The crypto currency market is volatile but there is plenty of money to be made in the selling of it during highs. In order to make money while the prices are high, you must purchase while it is low. Buy Bitcoin. Buy Bitcoin. Buy Bitcoin.

Netflix Beats Expectations, Posts Record Growth

Netflix

Netflix is going from strength to strength based on its numbers from the last quarter of 2017. The company recently released the figures which include 8.3 million fresh subscribers to the platform with 2 million of these coming from the US.

Their shares were already inching up even before the announcement with an all-time high of $227.38 on Monday. Then the news came that the Wall Street estimates were beaten by a mile for both US and international subscribers which were set at just 1.28 million and 5.02 million, respectively. The impressive figures further boosted the price by over 9%.

This growth in subscribers also translated into an increase in revenues. The Q4 earnings per share was 41 cents while the revenue was $3.29 billion. There were doubts due to the price increases rolled out during the quarter including a bump from $9.99 to $10.99 a month in the US. It seems that customers were not discouraged. There was a 25% rise in paid streaming memberships and a 35% rise in revenues.

Telegram's $1.2B ICO Ambition To Create A New Ethereum

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A brief of the ambitious Telegram's $1.2B ICO plan for the future

We have more details on the plan by the Telegram's messaging app to push its project the Telegram Open Network (TON). The move was made after the company obtained the whitepaper and investor prospectus was completed in full.

According to the documents, Telegram depicts its discontent on being similar to the many ICOs that use the Ethereum platform to sell their tokens and services. Rather than sticking to the norm, Telegram aims to create its own platform that will compete with Ethereum. The new platform will host new decentralized services as well as Internet experiences.

If Telegram's ICO works out, then it will set a new record. However, this will only be the beginning.

In the future, the company wants to raise a whopping $1.2 billion. To start off, it will raise $ 600 million between January and February from those in the company's executive's circle and traditional capital venture backers. The few selected by TechCrunch will receive letters to confirm their participation on the stage.

After the presale, the company will then invite retail investors to a public sale which will be held in March to raise the remaining $600 million. If the company is able to achieve this fete, it will beat the current record held by Filecoin in September for raising $257 million.

A new player in running the decentralized web

According to the company through its documents, the app is used in over 60% of community communications among its ICO projects.

The Telegram company thus believes that its ICO should be used to develop a decentralized Internet to power decentralized apps (DApps in short), censorship-proof websites and smart contacts and other programs rather than monetizing it.

Bitcoin Gaining Ground By Being Offered As Prize Money

Fanduel

There is some exciting news in the fantasy football tournament. FanDuel is giving bitcoins as prizes to the winners.

FanDuel announced The Bitcoin Bowl recently that will be happening during the NFL playoffs and they will be offering free bitcoins to the winners as prizes.

There will be two different contests- the first consists of a single free entry into the contest where the prize is 1 bitcoin, and the other will be a multi-entry contest that costs $3 to enter and has four different prize levels- The first level is one bitcoin, the second level is half a bitcoin, and the third and fourth levels are one fourth of a bitcoin.

The bitcoin value is not being considered in the contest and the winner will receive the bitcoin no matter its value in the marketplace.

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