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Japanese conglomerate Sony will kick off a $910 million stock buyback program beginning next week, Reuters reports. The move will result in Sony buying a maximum of 30 million of its own shares. Consequently, the amount of the…

The recent Dow Jones rally is a “dead cat bounce” because the stock market is going to tank and a recession will eventually cast a dark shadow over the US economy. That’s the bleak prediction of investment perma-bear David Tice, who…

After a difficult 2018 characterised by sluggish sales and further loss of ground to multiplayer juggernaut ‘Fortnite‘, EA has taken another huge hit after newly released earnings figures of $262 million for Q3 2018 showed that the…

Disney says it’s likely to take a massive $150 million hit to its bottom line as it works to beef up its array of streaming services, including the yet-to-launch Disney+. However, concerns remain that the company may be turning a blind…

The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the…

Panasonic wasted no time lowering its guidance after its bread-and-butter customer, Tesla, announced it was buying another battery supplier to power its electric vehicles. The lucky company Tesla chose to replace Japan-based Panasonic…

Taylor Monahan, the founder and CEO of MyCrypto, one of the most widely utilized non-custodial wallets in crypto, has said that QuadrigaCX may never have had an Ethereum cold wallet. Crypto Wallet CEO Raises Questions about…

Tron (TRX) opened this week in positive territory in an otherwise bearish day for cryptocurrency market. The Tron-to-dollar exchange rate (TRX/USD) surged as higher as 0.029, a 16% up from the Monday’s open. However, the pump followed…

While there wasn’t much Bitcoin price action to speak of, it was nevertheless a memorable week for the cryptocurrency industry. From Twitter CEO Jack Dorsey pumping Bitcoin to Iran launching its own crypto token, catch up on what you…

In the past 72 hours, the valuation of the crypto market increased by $3 billion to $114 billion as Bitcoin and Ethereum slightly recovered. Both Bitcoin and Ethereum rebounded by around 3 percent since January 29 and currently remain…