By CCN.com: French regulators have slapped Google with a landmark $57 million fine for committing GDPR infractions, making it the first major U.S. tech company to face punitive action under Europe’s new digital privacy regime. France Fines Google $57 Million for GDPR Infractions The French Commission Nationale de l’Informatique et des Libertés (CNIL) imposed the
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By CCN.com: Last week Netflix announced that it was raising subscription fees by between 13% and 18% for all its plans. While the absolute increase varied between $1 and $2, nearly a quarter of U.S. subscribers who took part in a Streaming Observer online survey indicated that this fee hike was enough to make them
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By CCN.com: Throughout the 2017 crypto market bull run, bitcoin price predictions kept the crypto hype train fat and happy. Whether it was eccentric ICO promoter John McAfee promising to emasculate himself if bitcoin failed to reach $1 million within three years or Fundstrat setting a “conservative” price target at $25,000, every crypto influencer had
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Despite official 2018 GDP figures showing that the Chinese economy grew last year at its slowest pace in 28 years, some of China’s largest stocks continue to perform at market-leading levels, led by tech quartet Tencent, Baidu, Sina and Alibaba. According to the data released by Beijing on Monday, China recorded a GDP growth rate
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By CCN.com: The crypto market is en route to experiencing the longest bear market in its 10-year history. As Ran Neuner, the host of CNBC’s Crypto Trader said, if the latest bear market lasts for another month, it will surpass the 420-day correction the crypto market experienced from 2014 to 2015. “If this bear market
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From CCN.com: UiPath, an artificial intelligence (AI) startup first backed by Google’s CapitalG fund in 2018 will shortly, according to leaked reports, achieve over 5000% growth. Business Insider sources claim UiPath, also backed by Sequoia Capital and Accel, is set to hit $200 million annual recurring revenue (ARR). ARR is a metric used by software-as-a-service
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By CCN.com: The US stock market is closed today in observance of Martin Luther King Jr. Day, but Dow futures pointed south after China’s growth fell to a nearly three-decade low. The cryptocurrency market, which never takes a breather, also remained bearish following Sunday’s pullback, leaving the bitcoin price uncomfortably close to the $3,500 mark.
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By CCN.com: Tesla has been granted the go-ahead to begin selling its mass-production, low-cost electric car in Europe. Beginning February, Tesla will be able to sell the long-range version of the Model 3, per Bloomberg. From Tesla’s website, the long-range model runs for 310 miles on one full charge. Permission was granted by the Dutch
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By CCN.com: Thursday, June 23, 2016. The day that 48% of the British public realized they no longer knew their neighbors. When the dust settled, the stench of defeat lingered in the air. The majority had spoken. And it turned out that the rest of us didn’t like what the xenophobic, nationalistic mob had to
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By CCN.com: Tron founder Justin Sun is out to prove that crypto is not a scam ― despite hyperbolic emotional protestations by haters that it is. To this end, Sun hired a former SEC employee to be the first compliance director for Tron, a blockchain platform for supporting smart contracts and high throughput. Sun believes that
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