Apple to launch iMessage app store
Apple’s next iOS update will introduce an iMessage app store. The feature will give brands a direct line to connect with phone users, meaning they won’t have to go through social third parties, such as […]
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UK Bank execs press on Brexit plans
UK bank executives and insurers have made their case on Brexit in a meeting with Chancellor Philip Hammond, who says he wants the best deal for the industry. “It is important Britain maintains its status […]
Google’s Moonshot Portfolio: Terra Bella
Among the jumble of political primary headlines this past spring, you may have missed Google (NASDAQ:GOOG) (NASDAQ:GOOGL) quietly rebrand its moonshot acquisition “SkyBox,” now known as “Terra Bella.” This company plans to offer live HD […]
BlackRock interfund lending gains SEC approval
The Securities and Exchange Commission has authorized BlackRock funds to borrow from one another to cope with any sudden increase in outflow. Interfund borrowing is capped at 10% of assets without collateral and 33% of […]
Saudi Arabia and Russia form a group to stabilize oil prices
Top oil producers Saudi Arabia and Russia made a joint statement at the G-20 summit in China on Monday aimed at stabilizing crude prices, media reports said. Russia and Saudi Arabia recognize the need to contain […]
China relaxes investment limits on foreigners
China is changing how it calculates the amount of investment foreign institutions can make to encourage wider participation in the domestic A-shares market. The State Administration of Foreign Exchange said it will base quotas on […]
Facebook Live a looming challenge to broadcast TV
Facebook’s new turn to video, and particularly its Facebook Live initiative, pose a significant challenge for the TV industry and its dominance of live broadcasting. This threat is already evident in coverage of events such […]
“Pokemon Go” generates $440M in revenue since July
In less than two months on the market, the free-to-download “Pokemon Go” has generated more than $440 million in revenue with its in-game items, according to analytics firm Sensor Tower. The game’s popularity appears to […]