Bill Gates says that if Bitcoin supporters are excited about the potential of the digital currency systems like these as a way to keep fees low and have the system work robustly in the global sense, they should know this won’t be the dominant system. He was talking at the occasion of the promotion for his Annual Letter. Putting his views on Bitcoin Bill Gates said, “There’s a lot that Bitcoin or variants can do to make moving money ...
For the past year, Nvidia has engaged in an unusually extended launch schedule. It debuted its Maxwell architecture with a budget GPU in February of 2014, followed it up with the high-end GTX 980 and 970 late last year, and today, with its new midrange GPU — the GTX 960. While not as sexy as the high-end GTX 970 or 980, which retail for $330 and $550 respectively, it slips in at just $200, which makes ...
Alibaba will prevent Chinese vendors from selling children's products that are considered dangerous or illegal to American consumers. The U.S. Consumer Product Safety Commission has provided a list of up to 15 products which are considered illegal or have been recalled by manufacturers. Those products include baby seats and powerful magnets, and they are currently being sold on Alibaba to global buyers. ...
It’s one of those rare moments of humility on Wall Street, a placed where “indicted but never convicted” is a badge of honor. A hedge fund chief who lost all of his client’s money told them he was sorry. Owen Li, founder of Canarsie Capital, wrote to his clients to say he had run their accounts down from $100 million less than a year ago to just $200,000. Reportedly, he got into a hole and took on a string of high-risk bests ...
Trading the News: U.S. Gross Domestic Product (GDP) The advance U.S. 4Q Gross Domestic Product (GDP) report may generate a larger rebound in EUR/USD should the fresh batch of data highlight a slowing recovery in the world’s largest economy. What’s Expected: Why Is This Event Important: Even though the Federal Open Market Committee (FOMC) is widely expected to raise the benchmark interest rate in mid-2015, ...