‘Crypto Winter’ Fears Chill the Battered Bitcoin Faithful

crypto winter by bloomberg subscriptions

First American News LLC, Raleigh, NC: Bitcoin’s price plunged by more than 80% to as low as $3,100 from the end of 2017 through December of the following year, a period characterized by the boom-and-bust of initial coin offerings and several big banks shelving their plans to start cryptocurrency trading desks. Bitcoin wouldn’t reach a new […]

Microsoft Earnings Likely Grew Last Quarter With Demand for Cloud Services

Microsoft Earnings Likely Grew Last Quarter With Demand for Cloud Services by bloomberg subscription

First American News LLC, Raleigh, NC: Microsoft is scheduled to announce its second-quarter results after markets close. The software giant is expected to announce around $50.7 billion in sales for the three months through December, up around 18% from a year earlier and close to 13% growth in net income to $17.5 billion, according to […]

Sony’s War on Videogame Against Microsoft’s Deal for Activision

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First American News LLC, Raleigh, NC: The Japanese company seeks to leverage strength in hardware as battle shifts to cloud services and exclusive software. SONY finds itself in a position many gamers could appreciate, having climbed to the highest level only to discover that an old foe is still lurking around—and getting stronger. Subscription to […]

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