Steve Levy: The 9/11 fund is very important but it needs oversight. Don't demonize senators asking questions

Trump pays tribute to 9/11 first responders, signs permanent funding extension President Trump, 9/11 first responders and families participate in a signing ceremony to permanently authorize the September 11th Victim Compensation Fund. It’s been said that the third rail of politics is messing with people’s entitlements. But perhaps nothing can place a bigger target on the back of a politician […]

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SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft, Apple

TOKYO (Reuters) – SoftBank Group Corp (9984.T) has secured pledges from Microsoft Corp (MSFT.O) and other investors of around $108 billion for a second Vision Fund aimed at investing in technology firms. The Japanese conglomerate itself plans to invest $38 billion in the fund, it said in a statement. Others set to join include Apple Inc (AAPL.O) and Taiwan’s Hon […]

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When controversies hit, wait-and-see no longer works, U.S. companies find

NEW YORK (Reuters) – When Bank of America Corp (BAC.N) held its annual meeting in April, activists insisted it stop financing private prison companies. On Wednesday, Bank of America did exactly that, distancing itself from a sector that has triggered protests over its links to the Trump administration’s immigration policy and concerns about detention center conditions. Hector Vaca, one of […]

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Crypto Tidbits: Bitcoin SV Delisting, Binance Chain Launch, HTC Backs Blockchain Fund

Crypto Tidbits: Bitcoin SV Delisting, Binance Chain Launch, HTC Backs Blockchain Fund Another week, another round of Crypto Tidbits. The movement in the value of Bitcoin (BTC) has slowed, with volume and volatility falling across the board, but underlying industry developments have been absolutely monumental. Bitcoin Satoshi’s Vision (BSV) was delisted on an array of exchange; Binance launched its own […]

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Bank of Japan Delves into Central Bank Cryptocurrency

The Bank of Japan released a new report that examines the concept and role of digital currencies in the general monetary system. The report, dubbed “Digital Innovation, Data Revolution and CBDC,” notes that CBDCs can be classified into two categories: one used by the common public instead of fiat money; and large-value settlements, that are based on the BoJ deposits […]

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UPS Strategic Enterprise Fund Boosts E-Commerce Platform with Blockchain Investment

UPS Strategic Enterprise Fund, the private equity investment arm of Universal Parcel Service (UPS), has made an equity investment in e-commerce platform Inxeption, to help the latter develop highly functional e-commerce solutions for B2B sellers and buyers, according to a press release on January 16, 2019.   A Forward-Thinking Move At a time when blockchain technology is changing the face […]

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