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Category Archives: Business

Gucci starts accepting crypto payments

Gucci starts accepting crypto payments

Gucci will start accepting cryptocurrency payments at five American stores later this month, the cities that will receive the initial tests are New York, Los Angeles, Miami, Atlanta and Las Vegas. The brand also plans to extend the move to all of its North American

Obama couple is leaving Spotify and are looking for another platform

Obama couple is leaving Spotify and are looking for another platform

The deal between Barack and Michelle Obama with Spotify comes to an end in October and, according to Bloomberg, the couple does not intend to continue collaborating with the streaming service. The reason is that the Obama production company, Higher Ground, wants to negotiate with

Meta is exploring the possibility of launching digital currency

Meta is exploring the possibility of launching digital currency

Even though the first initiative to launch a cryptocurrency failed, Meta still seems to have not given up on implementing a digital currency on its respective platforms. According to sources in the Financial Times (via Engadget), Meta is currently “exploring” the possibility of developing a

JPMorgan CEO praises Blockchain, DeFi and says bank won't be left behind

JPMorgan CEO praises Blockchain, DeFi and says bank won’t be left behind

Jamie Dimon, CEO of investment bank giant JPMorgan, praised blockchain technology and Decentralized Finance (or DeFi, for short) in a letter sent to shareholders on Monday (4). “Decentralized finance and blockchain are real, new technologies that can be implemented both publicly and privately, licensed or

Facebook funded campaign to ban TikTok

Facebook funded campaign to ban TikTok

The company responsible for Facebook, Meta, paid a consulting company linked to the Republican Party to create a campaign against some of its rivals – namely TikTok. The news was advanced by The Washington Post and points out that the consulting company will have ‘planted’

Tesla shuts down factory in Shanghai after Covid-19 outbreak

Tesla shuts down factory in Shanghai after Covid-19 outbreak

Tesla’s electric car factory in Shanghai has been temporarily suspended due to a Covid-19 outbreak in the city. As reported by Reuters, the factory was closed this Monday, the 28th, and will remain closed for another three days. The city will then undergo a series

Huawei's profit increases 75.9% in 2021 despite US sanctions

Huawei’s profit increases 75.9% in 2021 despite US sanctions

Chinese technology company Huawei revealed today that its profit increased 75.9% last year, to 113,700 million yuan ($17,84 billion), compared to the previous year. The company, which is not listed on the stock exchange, also said in a statement that turnover fell by 28.5% last