ByteDance Competitor, Kuaishou Technology, Launches Forward in the Chinese Tech Industry

Kuaishou Technology, the owner of the Chinese social media and video sharing app of the same name, plans to file for an initial public offering on the Hong Kong Stock Exchange within the coming weeks, according to South China Morning Post (SCMP).

Read more

Investors and the Election

Who would’ve guessed elections are great for the market? The S&P 500 has had its best week since April. At the time of writing, Biden has been declared President-elect, and it looks likely that Republicans will hold the Senate. However, the major equity indexes rose sharply on Wednesday and Thursday despite the outcome still being a toss-up. Doesn’t uncertainty translate to volatility in the markets?

Read more

PayPal Sparks a New Cryptocurrency Trend for the Digital Wallet

The digital payment giant PayPal (PYPL) announced on October 21st that it is expanding its market by allowing its 346 million worldwide users to use their digital wallet to buy, hold, and sell Bitcoin and other cryptocurrencies. Starting in 2021, PayPal users will also use their cryptocurrency as a payment method to PayPal’s 26 million merchants.

Read more

Microsoft Revolutionizes Work Culture by Allowing Employees to Work from Home Post Pandemic

Coronavirus strikes again in altering the way the world functions. Microsoft Corporation has recently made an industry-changing announcement that the company will allow workers to continue working from home even after the pandemic if they choose to do so. Following a “hybrid model,” the major tech firm plans to implement the option for employees to return to the office or work from home in response to the change in the environment that the COVID-19 virus has caused.

Read more

Pin It on Pinterest