activision battle royal Companies Electronic Arts Fortnite 

Activision-Blizzard Employees Doomed By Fortnite’s Dominance

Activision-Blizzard employees are preparing for major destruction as the company is planning to lay off hundreds this week. The game maker’s deteriorating financials have been on full display over the past several months. Its flagship games are being dethroned by the competition. The most formidable player in the space is the free-to-play Fortnite. The pink slips could start being doled out after the company reports its fourth quarter 2018 earnings on Feb. 12. When You Can’t Compete With Free Fortnite was created by the privately-held company Epic Games. Tencent Holdings took…

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Apex Legends Battle Royale Companies EA Fortnite U.S. Market News 

EA’s Apex Legends Gets Insane 10 Million Players in 72 Hours, Can it Become Bigger than Fortnite?

Electronic Arts Inc. shares are rising, and it seems to be gaining lost grounds with its latest title, Apex Legends, amassing millions of players within a short period. Watch Apex Legends Gameplay Below + First Impressions The Canadian gaming giant saw its stock rise by 16 percent on Friday, after announcing that Apex Legends, it’s Fortnite competitor had gained 10 million players and 1 million concurrent players, 72 hours after it was released, and the fans seem to be loving it. Apex Legends is so much damn fun! Played with…

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Business Companies PG&E Stock News 

PG&E Shares Spike in After Exoneration from California Wildfires

PG&E shares jumped after the utility provider was cleared by California fire investigators. | Source: Shutterstock By CCN.com: Over a week ago, PG&E stocks lost most of their value faced with PG&E’s possible $30 billion in liabilities pertaining to wildfires and potential bankruptcy. PG&E’s share price hiked 75% today. PG&E has been cleared of responsibility for the 2017 Tubbs Fire. The fire destroyed 2,800 homes, a total of 5,643 structures, and killed 22 people. The California Department of Forestry and Fire Protection has said that private electrical equipment is to…

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Companies FinTech News Go-Jek Grab Indonesia Martin Delgra Nadiem Makarim Partner 

Indonesia’s First Billion-Dollar Unicorn Acquires Philippine Bitcoin Wallet

By CCN.com: On Jan. 18, after an unsuccessful attempt to enter the Philippines market earlier this month due to foreign ownership concerns, Go-Jek, a major Indonesian ride-sharing platform has announced a partnership between with Coins.ph, a local crypto wallet and payments platform. The Filipino firm is currently in the process of rolling out beta access to users in the waiting list for Coins Pro, its in-development cryptocurrency exchange. Go-Jek has made a “substantial investment” in the FinTech firm, with which it has acquired the majority stake in the business of Coins.ph. According to unofficial…

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bitmain Companies Mining 

Is Crypto Hardware Giant Bitmain Poised to Appoint a New CEO?

Rumors are rife that Bitmain Technologies is poised to make a major announcement in regards to the appointment of their new CEO. The crypto mining company’s current head honchos, Wu Jihan and Zhan Ketuan, are to be replaced in an exciting new move for the firm. Bitmain is the largest crypto mining rig manufacturer on the planet, accounting for 75% of the world’s specialized computers that are used to mine digital currencies. Bitmain CEO Appointed from Within? The South China Post (SCP) has reported that the potential successor for the…

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china Companies Epic Games eSports Fortnite NetEase Stock News Tencent Tencent Holdings Tim Sweeney 

China’s Easing Up On Game Approval Ban, So Why Are Tencent Shares Still in the Red?

Chinese regulators have, after a near-year-long freeze, began to approve new videogames to earn valuable sales revenue in the country. The regulators didn’t, however, approve Tencent’s Fortnite and PlayerUnknown’s Battlegrounds and Tencent’s share price might be suffering because of this. New game approvals paused in China in March 2018 during a government reshuffle. Previously regulators had granted licenses to new games at a rate of 700 to 800 per month. This week is the first time since March that new titles have been approved and are able to charge customers…

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Blockchain News Companies facebook FinTech News stablecoins WhatsApp 

Facebook Developing Cryptocurrency for WhatsApp Transferes

According to sources, Facebook is developing a cryptocurrency that would enable money transfers to be done through its messaging app WhatsApp. As stated in the publication by Bloomberg, the company is working on a stablecoin pegged to the US Dollar to minimize volatility. Unfortunately for Facebook, the wave of exposed privacy breaches and violations that were initiated with the Cambridge Analytica scandal is not yet over. A recent report from The NYT revealed hidden arrangements between the company and select few big companies, ranging from your friends’ contact information all…

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Companies Emma FinTech News united kingdom 

UK Money Management App Emma Makes Crypto Push

Millennial-focused money management startup Emma Technologies is expanding into crypto. The startup is behind the Emma app for iOS and Android, which is an artificial intelligence-fueled tool that until now has only supported financial institutions like HSBC, Bank of Scotland, Barclays and others, helping users to avoid overdraft fees, manage debt and save money. Now it’s integrating with a handful of leading crypto exchanges to give users the ability to keep track of bitcoin and Ethereum balances.  While Emma is only starting with the top two cryptocurrencies, they are making…

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Australia Bamboo Companies Phil George 

Australian Startup to Enable Users Invest in Crypto with Spare Change

An Australian fintech startup based in Perth is giving users the opportunity to invest in crypto without going out of their way, using spare change from their electronic transactions to carry out micro-investments in crypto portfolios. Through its app, Bamboo says that it will improve access to investment opportunities and enhance user understanding of the new technologies that will lead to momentous changes in finance. Bringing Crypto the the Masses Bamboo will take spare change from users’ electronic transactions and invest it in bitcoin, ethereum and other cryptocurrency portfolios using…

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BitFury Companies Mining 

Bitcoin Mining Giant Bitfury Trims Cooling Demands by 95% with ‘Magic’ Liquid

With cryptocurrency markets struggling, Bitfury Group has immersed its mining equipment in a non-conducive liquid to reduce costs at its 40-megawatt mining plant in Tbilisi, Georgia, as it races to mine the remaining 21 million mineable bitcoins. The company’s investment in cooling technology signals the extent cryptocurrency miners are going to chill their energy-intensive computers, according to Bloomberg. Some have moved operations to Siberia and submerged them in oil, while one went as far as burying its rigs beneath the Eurasian steppe. At a July visit to Bitfury’s Tbilisi site…

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