4 Reasons Facebook Should Abandon Libra

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4 Reasons Facebook Should Abandon Libra

The cryptocurrency consortium recently lost six of its top members — and more departures could follow. Leo Sun. Oct 14, 2019 at 10:44AM. Earlier this year, Facebook (NASDAQ:FB) assembled a consortium of companies to develop an open-source …
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BoE's Cunliffe moots more bank capital firepower for downturns

LONDON (Reuters) – The Bank of England may need to make its main tool to smooth out swings in bank lending more powerful to combat future economic downturns if interest rates stay low for a long time, Deputy Governor Jon Cunliffe said on Monday.
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Q2 results analysis: More pain in store for IT firms in 2020, say experts

Slowdown signs are evident, though subtle, in the results of the two IT majors. Though Q2 results of Infosys and TCS can be described as a case of contrasts with the former outperforming the latter, slowdown in consumer facing sectors such as BFSI and retail …
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Buyout firm Thoma Bravo adds Sophos to its cybersecurity chest with $3.8 billion deal

(Reuters) – U.S. private equity firm Thoma Bravo is adding Sophos Group (SOPH.L) to its cybersecurity stable, announcing on Monday a buyout deal that values the British maker of antivirus and encryption products at about $3.8 billion. FILE PHOTO: …
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Porsche just unveiled the most affordable version yet of its stunning Tesla rival

Porsche unveiled on Monday the lowest-priced version yet of its Taycan electric sports car, the Taycan 4S. It will start at $103,800 or $110,380, depending on the battery pack customers choose. European dealerships will receive the Taycan 4S in January, …
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