Alibaba does not pursue cloud spin-off, loses 18 billion euros in market value
China's Alibaba is not spinning off its cloud business into a separate company after all. The e-commerce and tech giant announced this recently. This decision immediately cost the company as much as 18 billion euros ($20 billion) in stock market value.
Chinese e-commerce company Alibaba has deci... Read more
Bitcoin cash delivers more than 90 percent of its value after a dispute over the future
The price of the bitcoin cash has fallen to a low point. The instability of the cryptographic currency market, combined with a dispute about the future of bitcoin cash, leads to large sales of the virtual currency. As a result, the price is falling dramatically, even to a low point that has not been... Read more