Markets Insider Major cryptocurrencies are all rising on Thursday morning but bitcoin is still down 20% over the last 7 days. World Bank Group President Jim Yong Kim compared cryptocurrencies to Ponzi schemes. LONDON — Cryptocurrencies are rallying strongly on Thursday morning. After getting hosed earlier in the week, all major cryptocurrencies are solidly in
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BI IntelligenceThis is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. The Internet of Things (IoT) is transforming how companies and consumers go about their days around the world. The technology that underlies this whole segment is evolving quickly, whether it’s
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Photo: AP Despite massive blood-letting in the cryptocurrency markets over the past few weeks, the pace of brands just announcing some kind of ambiguous “blockchain” venture in hopes they can send their stock prices skyrocketing has barely slowed down. Photo company Kodak is now selling crypto miners, while other bit players like iced tea companies
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Photo: AP The Pyeongchang 2018 Olympic Winter Games is handing out special “Olympic edition” Galaxy Note 8 smartphones to competitors this year, but athletes from North Korea and Iran won’t receive them thanks to United Nations sanctions on both countries, Agence France-Presse reported on Wednesday. Samsung, one of the game’s sponsors, is handing out roughly
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Yoky Matsuoka, Nest’s chief technology officer, shows off the company’s updated product lineup at a press event in September.Stephen Lam/Reuters Google is folding Nest into its hardware division; the move comes two years after Google set up the smart-home product maker as an independent subsidiary of parent company Alphabet. The move comes as Google is
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Robin Williams, seen above presenting an award during the 2002 ACE Eddie Awards. Photo: Getty Robin Williams’s death by suicide in August 2014 was one that figuratively broke the hearts of people worldwide. But a new study published today in PLOS-One suggests that the salacious media coverage surrounding his death may have inadvertently inspired even
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Tesla reported record revenue for 2017, floated by customer deposits of the recently announced Semi truck and Roadster sports car. Despite its optimistic sales numbers, Model 3 production issues and cash flow problems haunt the company, but Tesla insists its on track to meet its production goals of 5,000 cars a week by mid-2018. Tesla
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Tesla CEO Elon Musk managed to send his Tesla Roadster into space — because why not? — earlier this week, and it looks like his week (and Tesla’s) is still looking up for now following the company’s fourth-quarter results. The company slightly beat Wall Street’s expectations on the financial front, and said it’s still targeting producing
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Shutterstock Cannabidiol, or CBD, is a non-psychoactive component of cannabis. CBD won’t get you high; THC is the component of cannabis responsible for that. Products made with CBD extract are becoming increasingly popular, but because of limited research, it remains unclear what most of them do. Only two CBD-containing medicines have been studied extensively, and
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Studio, a startup that delivers coaching, music and competition to treadmill runners’ smartphones and smartwatches, is getting a boost from treadmill maker Life Fitness. Studio founder and CEO Jason Baptiste explained that through this partnership, Studio’s classes will be available on Life Fitness treadmills in gyms, starting with the ones equipped with the company’s Discover
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Turing Robotic Industries has filed for bankruptcy in Finland and all of the company’s movable property has been seized, according to local media reports earlier this week. It allegedly owes its creditors nearly two million Euros. The smartphone company was founded by former Nokia employees in 2015 and received backing by Chinese investors, but has
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Flux, the London fintech startup founded by former early employees at Revolut, has deepened its partnership with U.K. challenger bank Starling to add Flux-powered loyalty points to Starling’s mobile banking app. It builds on earlier Flux integration that sees Starling support item-level digital receipts powered by Flux and supported merchants (to date, this includes all
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AP/Stephan Savoia One couple keeps getting unsolicited Amazon packages delivered to their homes, according to the Boston Globe. They can’t get it to stop, even after contacting the company. Experts say the couple could be the target of a scam involving Amazon reviews. One Boston-area couple is getting the Amazon treatment — and they want
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