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Metaverse Capital sees big opportunities on horizon as it continues to leverage its blockchain expertise

The company operates four mining facilities in three countries and runs master nodes and service nodes on leading blockchain networks ...

2 weeks, 4 days ago

Backers of Facebook’s Libra mull retreat amid regulatory pressure, press reports

The Financial Times report also revealed the social media giant's exasperation that it was the only one defending the cryptocurrency from criticism...

on 08/23/2019

The hidden costs of Bitcoin mining

Since 2009, Bitcoin mining has grown into a massive operation involving data centres packed with computer processors and racking up massive electric bills...

on 08/20/2019

Lydian announces Amulsar project in Armenia garners support from Prime Minister

Lydian will be permitted to proceed with the Amulsar project...

on 08/19/2019

VR Education sees increased interest in ENGAGE platform and showcase content

The group has its main focus on the education market, which it says it a key market for VR technology...

on 08/16/2019

Bragg Gaming’s new content rich GiveMeSport website proving fast and furious

Rick Waterlow, managing director at GiveMeSport said: “We reached out to our top fans and asked them what they wanted to see in their sports news"...

on 08/13/2019

FANGs ain't what they used to be: Facebook, Amazon, and Google-owner Alphabet all set to report this week

Facebook reports earnings after the bell on Wednesday, with Amazon and Alphabet both due on Thursday, after Netflix disappointed last week...

on 07/24/2019

Namaste Technologies looks to a brighter future as it aims to be the world’s leading cannabis marketplace

In an exclusive interview with Proactive, Namaste's interim CEO Meni Morim outlines his plans going forward after a challenging half-year and says the firm is much better-positioned...

on 07/18/2019

Government and regulatory criticism means Facebook’s Libra could be dead on arrival

Trump, Fed chair Jerome Powell and now the US Congress have all turned their fire on the social media giant's planned digital currency, which is scheduled to launch next year...

on 07/15/2019

Location Sciences hits the spot as it appoints media industry veteran to advise on location verification

Andy Roberts will join the firm after eight years as head of global trading at MindShare, a subsidiary of FTSE 100 media giant WPP...

on 07/15/2019

Bitcoin sinks over 10% as Powell calls for halt to Facebook’s Libra project

The Fed chairman said on Wednesday that the new cryptocurrency presented "serious concerns" around privacy, consumer protection and money laundering...

on 07/11/2019

Facebook and Google investigated by UK competition watchdog

CMA chair, Andrew Tyrie, said the investigation should give parliament and the public a “better grip” on what global online platforms are doing....

on 07/04/2019

Metaverse Capital offers strong 2Q update in wake of surging cryptocurrency markets

Over the past year, the market capitalization for cryptocurrencies has more than doubled to US$286 bill from $125 billion...

on 06/18/2019

Facebook unveils new Libra cryptocurrency

The social media giant unveiled the digital currency in a whitepaper on Tuesday, with an official public launch planned for next year...

on 06/18/2019

Bitcoin hits 12-month high as launch of Facebook cryptocurrency expected imminently

The social media giant is expected to launch its own cryptocurrency, known as Libra, on Tuesday...

on 06/17/2019

Facebook’s upcoming cryptocurrency could change the face of the sector forever

The social media giant is reportedly planning to launch its own cryptocurrency later this month, the first time a tech giant has decided to enter the sector directly...

on 06/06/2019

Apple to replace iTunes with apps as it faces possible antitrust investigation

Tech stocks were hit by reports of potential antitrust probes into Apple, Facebook, Google and Amazon ...

on 06/04/2019

S&P/ASX 200 futures slightly up after US tech stocks smashed overnight

S&P 500 Index finished down 0.28% to 2,744.4 last night...

on 06/03/2019

Facebook aims to take on Bitcoin with new cryptocurrency

The new currency, referred to as GlobalCoin, is expected to begin testing by the end of this year and be launched in the first quarter of 2020...

on 05/24/2019

Top US space museum to use VR Education’s Apollo 11 experience in major new attraction

The US Space and Rocket Center is opening the virtual reality attraction next month as part of its celebrations of the 50th anniversary of the moon landing...

on 05/23/2019

The release of the Oculus Quest could help Facebook recoup its US$2.3bn investment in less than six years

The latest edition of Oculus' VR headset follows the Rift, released in 2016, and the Oculus Go which was brought out last May...

on 05/21/2019

Bitcoin tests resistance at US$8K following weekend rally

Meanwhile, Facebook is jumping into blockchain by establishing a Swiss financial technology company...

on 05/20/2019

Facebook investors shrug off US$3bn charge for privacy violations as underlying growth continues

While the actual figure for the FTC fine has yet to be released, Facebook said it expected its losses pertaining to the matter to be between US$3bn and US$5bn...

on 04/25/2019
Industry & services

Tech firms lead rebound in IPOs but disappointing Lyft float raises concerns about hefty valuations

Could a rough start to trading by ride sharing company Lyft set the stage for upcoming tech IPOs?...

on 04/09/2019